United states federal corporate tax rate 2020
The United States imposes a tax on the profits of US resident corporations at a rate of 21 percent (reduced from 35 percent by the 2017 Tax Cuts and Jobs Act). Get the current federal corporate tax rates charged to owners of corporations, including the Income taxes for corporations and corporate owners ( shareholders) have changed in the past few Fifteen states and the District of Columbia have cut corporate taxes since 2012 and several more have made tax rate cut in 2020.