Tax Info
Enter Dynamic PageGeneral CIT Rate
Federal corporate income tax: 21%. State CIT ranges from 1% to 10% (although some states do not impose CIT) and is deductible from the federal CIT.
CIT Payment Due Date
As of the 15th day of the 12th month of the tax year.
CIT Estimated Payment Due Date
Throughout the year, four equal instalments of estimated tax should be paid on the 15th day of the fourth, sixth, and ninth months of the tax year, and on the 15th day of the first month of the following year (April 15, June 15, September 15, and January 15).
Resident Withholding Tax (Dividend/Interest/Royalty)
0/10/3
None-Resident Withholding Tax (Dividend/Interest/Royalty)
30/30/30
General VAT Rate
NA
General Capital Gain Tax Rate
21% (aligned with the federal CIT rate for corporations)
Composite Effective Average Tax Rate
22.69
Composite Effective Marginal Tax Rate
7.03
Administrative Regions
AK - Alaska
AL - Alabama
AR - Arkansas
AZ - Arizona
CA - California
CO - Colorado
CT - Connecticut
DE - Delaware
FL - Florida
GA - Georgia
HI - Hawaii
IA - Iowa
ID - Idaho
IL - Illinois
IN - Indiana
KS - Kansas
KY - Kentucky
LA - Louisiana
MA - Massachusetts
MD - Maryland
ME - Maine
MI - Michigan
MN - Minnesota
MO - Missouri
MS - Mississippi
MT - Montana
NC - North Carolina
ND - North Dakota
NE - Nebraska
NH - New Hampshire
NJ - New Jersey
NM - New Mexico
NV - Nevada
NY - New York
OH - Ohio
OK - Oklahoma
OR - Oregon
PA - Pennsylvania
RI - Rhode Island
SC - South Carolina
SD - South Dakota
TN - Tennessee
TX - Texas
UT - Utah
VA - Virginia
VT - Vermont
WA - Washington
WI - Wisconsin
WV - West Virginia
WY - Wyoming
Belonging Jurisdiction
US - United States
United States of America
NAFTA - USMCA (formerly NAFTA)
United States-Mexico-Canada Agreement
WORLD - Global
Earth
