Jan 30, 2025 · The federal corporate tax rate in the United States is 21%, and it applies to a corporation's profits. The taxes are paid on a company's taxable income, which includes …

Since January 1, 2018, the nominal federal corporate tax rate in the United States is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and local taxes and rules …

Texas' corporate income tax is a business tax levied on the gross taxable income of most businesses and corporations registered or doing business in Texas. The Texas corporate …

Oct 6, 2025 · The U.S. corporate tax system is a subject of frequent debate, with significant implications for the nation’s economy and fiscal outlook. Over the past several years, …

Mar 7, 2025 · Unlike many states, Texas does not impose a traditional corporate income tax. Instead, it levies a franchise tax, which is a type of gross receipts tax. This means that …

May 6, 2024 · The Tax Cuts and Jobs Act slashed the tax rate from 35% to 21%. The corporate tax rate applies to your business’s taxable income, which is your revenue minus expenses …

The corporate income tax is the third-largest source of federal revenue, although substantially smaller than the individual income tax and payroll taxes. It raised $424.7 billion in fiscal year …

Oct 2, 2024 · Corporate tax is a tax that businesses pay on their profits (i.e., income minus expenses). The amount of tax a corporation pays depends on its taxable income and the tax …

Jun 21, 2025 · Corporate income tax is a tax levied on the net income of businesses or corporations by the government. It is one of the most important taxes businesses need to …

May 30, 2023 · Corporate tax is a direct tax on the profits of corporations. It is levied on the taxable income of businesses, which can be reduced through deductions, resulting in an …