United States Company Tax Site: State Income Tax Rates for 2006

State Income Tax A summary of the basis of State income tax.

State Income Tax Rates For 2007 A table showing the rates of state income tax for 2007.

Business Activity Taxes Some states attempt to tax out-of-state corporations on their in-state sales.

Delaware A summary of the advantages of Delaware as a corporate base

Nevada A summary of the advantages of Nevada as a corporate base.

State Income Tax Rates For 2007

US State Income Tax For Corporations - 2007
State	Income Tax (Range) %	Brackets ($)	Comments	Federal Tax Deductible?
Alabama	6.5	flat rate		Yes
Alaska	1.0 - 9.4	10,000 - 90,000		No
Arizona	6.968	flat rate		No
Arkansas	1.0 - 6.5	3,000 - 100,000		No
California	8.84	flat rate	1.5% for S Corporations	No
Colorado	4.63	flat rate		No
Connecticut	7.5	flat rate		No
Delaware	8.7	flat rate		No
Florida	5.5	flat rate		No
Georgia	6.0	flat rate		No
Hawaii	4.4 - 6.4	25,000 - 100,000		No
Idaho	7.6	flat rate		No
Illinois	7.3	flat rate		No
Indiana	8.5	flat rate		No
Iowa	6.0 - 12.0	25,000 - 250,000		Yes (50%)
Kansas	4.0	flat rate	Plus 3.5% over 50,000	No
Kentucky	4.0 - 7.0	50,000 - 100,000		No
Louisiana	4.0 - 8.0	25,000 - 200,000		Yes
Maine	3.5 - 8.93	25,000 - 250,000		No
Maryland	7.0	flat rate		No
Massachusetts	9.5	flat rate		No
Michigan	1.9	flat rate	wide tax-base	No
Minnesota	9.8	flat rate		No
Mississippi	3.0 - 5.0	5,000 - 10,000		No
Missouri	6.25	flat rate		Yes
Montana	6.75	flat rate		No
Nebraska	5.58 - 7.81	50,000		No
New Hampshire	8.5	flat rate		No
New Jersey	9.0	flat rate		No
New Mexico	4.8 - 7.6	500,000 - 1m		No
New York	7.5	flat rate		No
Nevada	zero
North Carolina	6.9	flat rate		No
North Dakota	2.6 - 7.0	3,000 - 30,000		Yes
Ohio	5.1 - 8.5	50,000		No
Oklahoma	6.0	flat rate		No
Oregon	6.6	flat rate		No
Pennsylvania	9.9	flat rate		No
Rhode Island	9.0	flat rate		No
South Carolina	5.0	flat rate		No
South Dakota	6.0	flat rate		No
Tennessee	6.5	flat rate		No
Texas	4.5	flat rate	on 'earned surplus'	No
Utah	5.0	flat rate		No
Vermont	7.0 - 8.5	10,000 - 250,000		No
Virginia	6.0	flat rate		No
West Virginia	8.75	flat rate		No
Wisconsin	7.9	flat rate		No
Washington	zero
Washington DC	9.975	flat rate		No
Wyoming	zero

State Income Tax A summary of the basis of State income tax.

State Income Tax Rates For 2007 A table showing the rates of state income tax for 2007.

Business Activity Taxes Some states attempt to tax out-of-state corporations on their in-state sales.

Delaware A summary of the advantages of Delaware as a corporate base

Nevada A summary of the advantages of Nevada as a corporate base.