The Corporate Tax Rate in the United States stands at 21 percent. This dataset provides - United States Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the standard corporate income tax rate in the Philippines was set at 25 percent. In comparison, the standard corporate income tax rates in Cambodia, Thailand, and Vietnam are at 20 percent that year.

For 2023, the U.S. state with the highest tax rate on the highest corporate income bracket is New Jersey, with a top corporate income tax rate of 11.5 percent, which applies to companies with an income over one million U.S. dollars. North Carolina had the lowest top corporate tax rate of 2.5 percent, and both South Dakota and Wyoming have no corporate income tax.

The Corporate Tax Rate in China stands at 25 percent. This dataset provides - China Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Japan stands at 30.62 percent. This dataset provides - Japan Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for U.S Individual Income Tax: Taxable Income Boundary Over which the Highest Tax Rate Bracket Applies (IITTIHB) from 1913 to 2018 about individual, tax, income, rate, and USA.

Revenue from corporate income tax in the United States amounted to 420 billion U.S. dollars in 2023. The forecast predicts an increase in corporate income tax revenue up to 551 billion U.S. dollars in 2034.

The Corporate Tax Rate in Finland stands at 20 percent. This dataset provides - Finland Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Federal Government: Tax Receipts on Corporate Income (FCTAX) from 1929 to 2024 about receipts, tax, federal, corporate, government, income, GDP, and USA.

This statistic shows the effective corporate income tax rates in the United States in 2014, by state. New York had the highest effective income tax rate for mature corporate headquarters in the United States in 2014, at a rate of 25.3 percent.

The Corporate Tax Rate in France stands at 25 percent. This dataset provides the latest reported value for - France Corporate Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic shows the average effective U.S. corporate income tax rates in 2008, by industry. In 2008, corporations in the mining industry had an effective tax rate of 22.5 percent on average.

Graph and download economic data for Federal government current tax receipts: Taxes on corporate income from Q1 1947 to Q3 2024 about receipts, tax, federal, corporate, government, income, GDP, and USA.

The Corporate Tax Rate in Poland stands at 19 percent. This dataset provides - Poland Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

• For Year of Assessment (YA) 2003 to 2007, a partial tax exemption is given up to S$100,000 of the company's chargeable income (excluding Singapore franked dividends) that is subject to tax at the normal corporate tax rate as follows:
  • 75% tax exemption for the first S$10,000 chargeable income
  • 50% tax exemption for the next S$90,000 chargeable income
• Effective from YA 2008, the threshold for partial tax exemption has been increased to S$300,000 as follows:
  • 75% tax exemption for the first S$10,000 normal chargeable income
  • 50% tax exemption for the next S$290,000 normal chargeable income
• Effective from YA 2020, the threshold for partial tax exemption has been reduced to S$200,000 as follows:
  • 75% tax exemption for the first S$10,000 normal chargeable income
  • 50% tax exemption for the next S$190,000 normal chargeable income
• Effective from YA 2005, for qualifying new start-up companies, full tax exemption is given up to S$100,000 of the company’s chargeable income (excluding Singapore franked dividends) that is subject to tax at the normal corporate tax rate for the first three consecutive YAs. From YA 2008, the threshold for tax exemption has been increased to S$300,000 as follows:
  • 100% tax exemption for the first S$100,000 normal chargeable income
  • 50% tax exemption for the next S$200,000 normal chargeable income

• From YA 2020, the tax exemption to be granted to qualifying new start-up companies for each applicable YA is adjusted as follows:

  • 75% tax exemption for the first S$100,000 normal chargeable income
  • 50% tax exemption for the next S$100,000 normal chargeable income

• Normal chargeable income refers to income to be taxed at the prevailing corporate tax rate.

• For YA 2011, a tax rebate of 20% capped at S$10,000 or cash grant of 5% of revenue capped at S$5,000, whichever is higher is given. The 20% tax rebate is on tax payable (excluding tax on income subject to final withholding tax and tax deducted at source).

• For YA 2012, a cash grant of 5% of revenue capped at S$5,000 is given.

• For YA 2013 to 2015, a tax rebate of 30% capped at S$30,000 per YA is given. The 30% tax rebate is on tax payable (excluding tax on income subject to final withholding tax and tax deducted at source).

• For YA 2016, a tax rebate of 50% capped at S$20,000 is given. The 50% tax rebate is on tax payable (excluding tax on income subject to final withholding tax and tax deducted at source).

• For YA 2017, a tax rebate of 50% capped at S$25,000 is given. The 50% tax rebate is on tax payable (excluding tax on income subject to final withholding tax and tax deducted at source).

• For YA 2018, a tax rebate of 40% capped at S$15,000 is given. The 40% tax rebate is on tax payable (excluding tax on income subject to final withholding tax and tax deducted at source).

• For YA 2019, a tax rebate of 20% capped at S$10,000 is given. The 20% tax rebate is on tax payable (excluding tax on income subject to final withholding tax and tax deducted at source).

• For YA 2020, a tax rebate of 25% capped at S$15,000 is given. The 25% tax rebate is on tax payable (excluding tax on income subject to final withholding tax and tax deducted at source).

• For YA 2024, a cash payout of S$2,000 (for eligible companies which have employed at least one local employee in 2023) or a tax rebate of 50% (capped at S$40,000), whichever is the higher amount, is given. The 50% tax rebate is on tax payable (excluding tax on income subject to final withholding tax and tax deducted at source).

The Corporate Tax Rate in Vietnam stands at 20 percent. This dataset provides - Vietnam Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Portugal had the highest combined corporate income tax rate in 2023, reaching 31.5 percent, and was followed by Germany with a rate of 29.94 percent. On the other hand, Hungary had the lowest combined corporate income tax rate, reaching just nine percent in 2023.

The Corporate Tax Rate in Spain stands at 25 percent. This dataset provides the latest reported value for - Spain Corporate Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Federal, provincial and territorial statutory corporate income tax rates effective on December 31 of each year for general income not eligible for small business deduction.

As of 2023, Malta had the highest corporate tax rate in Europe with a ceiling of 35 percent. Germany followed in second place with a maximum tax rate of 30 percent. Hungary, Montenegro, and the Isle of Man hold some of the lowest corporate tax rates in Europe. This may change in 2024, however, as members of the Organization for Economic Co-operation and Development (OECD) have agreed to set a global minimum corporate tax rate of 15 percent.