C-Corp Tax Rates
C-Corp tax rates were last set by the Internal Revenue Service in 2010. C-Corps pay federal income taxes at these rates.
| Taxable Income ($): | Tax Rate | Of amount over | |
|---|---|---|---|
| $0 | $50,000 | 15% | $0 |
| 50,000 | 75,000 | $7,500 + 25% | 50,000 |
| 75,000 | 100,000 | 13,750 + 34% | 75,000 |
| 100,000 | 335,000 | 22,250 + 39% | 100,000 |
| 335,000 | 10,000,000 | 113,900 + 34% | 335,000 |
| 10,000,000 | 15,000,000 | 3,400,000 + 35% | 10,000,000 |
| 15,000,000 | 18,333,333 | 5,150,000 + 38% | 15,000,000 |
| 18,333,333 | — | 35% | 0 |
Exceptions
Certain corporations have other tax rates:
- Corporations that have elected Subchapter S taxation
- Personal service corporations, including accounting, actuarial science, architecture, consulting, engineering, health (including veterinary services), law, and the performing arts
- Closely held corporations
For more guidance, please refer to IRS Pub-542.
