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Tax Information
2007
»
2007 Tax Year
Changes
»
2007 Individual
Tax Rates
»
2007 Deductions
and Exemptions
»
2007 FICA
Tax Rates
»
2007 Corporate
Tax Rates
»
2007 Estate and
Gift Taxes
»
2007 Tax Credits
»
2007 Phase-out
Levels
»
Key Tax Terms
2007 Corporate Tax Rates
The following are the rates for corporate taxable income:
Rate
Taxable Income
15%
$1-50,000
25%
50,001-75,000
34%
75,001-100,000
39%
100,001-335,000
34-38%
335,001-18,333,333
35%
Over 18,333,334
*Personal service corporations pay a flat 35%
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