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Learn about the federal and state corporate tax rates, rules, and exemptions in the US. The federal corporate tax rate is a flat 21% since 2018, while state rates range from 1% to 12%.
Payroll tax is a tax imposed on employers or employees based on their salaries. Learn about the different types, rates, and deductions of payroll tax in various countries, such as Australia, Austria, Bermuda, Brazil, Canada, China, Croatia, and more.
Compare the main types of taxes in different countries and territories, such as corporate tax, individual income tax, and sales tax. See the lowest and highest marginal rates, as well as any exemptions or rebates, for each tax category.
Learn about the federal and state income tax systems in the U.S., including sources of law, basic concepts, rates, deductions, and credits. Find out how income is defined, taxed, and reported for individuals, corporations, and other entities.
Example: “Increase the payroll tax rate (currently 12.4 percent) by 0.1 percentage point each year from 2027-2046, until the rate reaches 14.4 percent in 2046 and later,” per the SSA.
This article shows the total federal tax revenue collected by the IRS from each U.S. state, district, and territory in fiscal years 2018 and 2019. It includes individual, corporate, and excise taxes, but not payroll taxes or taxes from overseas.
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