Tax-Rates.org - Corporate Income Tax By State

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Highest Tax
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Corporate taxes (also known as business income taxes) are taxes that apply to the gross income of taxable businesses. In addition to the federal corporate income tax, which applies to all corporations nationwide, all but six states charge an additional state corporate income tax on top of federal taxes.

The corporate income tax only applies to a certain type of business called a C-Corporation. Other types of business, such as S-Corporations, most LLCs, and sole proprietorships, are exempt from corporate taxes and instead are taxed on earnings through the shareholders' personal income taxes.

Average Corporate Income Tax Rates By State *
Wyoming
No Corporate Tax
 Wisconsin
7.9%
 West Virginia
7.75%
 Washington
No Corporate Tax
 Virginia
6%
Vermont
6% - 8.5%
 Utah
5%
 Texas
No Corporate Tax
 Tennessee
6.5%
 South Dakota
No Corporate Tax
South Carolina
5%
 Rhode Island
7%
 Pennsylvania
9.99%
 Oregon
6.6% - 7.6%
 Oklahoma
6%
Ohio
No Corporate Tax
 North Dakota
1.7% - 5.2%
 North Carolina
6.9%
 New York
7.1%
 New Mexico
4.8% - 7.6%
New Jersey
9%
 New Hampshire
8.5%
 Nevada
No Corporate Tax
 Nebraska
5.58% - 7.81%
 Montana
6.75%
Missouri
6.25%
 Mississippi
3% - 5%
 Minnesota
9.8%
 Michigan
6%
 Massachusetts
8%
Maryland
8.25%
 Maine
3.5% - 8.93%
 Louisiana
4% - 8%
 Kentucky
4% - 6%
 Kansas
4% - 7%
Iowa
6% - 12%
 Indiana
8.5%
 Illinois
9.5%
 Idaho
7.6%
 Hawaii
4.4% - 6.4%
Georgia
6%
 Florida
5.5%
 District of Columbia
9.98%
 Delaware
8.7%
 Connecticut
9%
Colorado
4.63%
 California
8.84%
 Arkansas
1% - 6.5%
 Arizona
6.97%
 Alaska
1% - 9.4%
Alabama
6.5%
  
* This average is calculated by averaging the tax percentages levied across all tax brackets in each individual state.
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