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  2. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017. State and ...

  3. Global minimum corporate tax rate - Wikipedia

    en.wikipedia.org/wiki/Global_minimum_corporate...

    The OECD formed a group, called Inclusive Framework, [23] that has since been exploring a minimum tax rate among its member states. [24] In May 2019, Germany and France published a joint proposal for a global minimum effective tax rate named Pillar Two, with the goal of stopping the race to the bottom. [25]

  4. Corporate tax - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax

    Corporate tax rates generally are the same for differing types of income, yet the US graduated its tax rate system where corporations with lower levels of income pay a lower rate of tax, with rates varying from 15% on the first $50,000 of income to 35% on incomes over $10,000,000, with phase-outs.

  5. 2023-2024 tax brackets and federal income tax rates - AOL

    www.aol.com/finance/2023-2024-tax-brackets...

    There are seven tax brackets for most ordinary income for the 2023 tax year: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent.

  6. IRS Adjusts 2023 Tax Rates for Inflation: How It Will Impact ...

    www.aol.com/irs-adjusts-2023-tax-rates-150956254...

    In light of relentless inflation that has been exacting a toll on every aspect of life, there is some relatively good news for taxpayers. The Internal Revenue Service (IRS) recently announced the ...

  7. Kamala Harris proposes raising corporate tax rate to 28% - AOL

    www.aol.com/news/harris-raise-corporate-tax-rate...

    WASHINGTON (Reuters) -U.S. Vice President Kamala Harris is proposing to increase the corporate tax rate to 28% from 21% if she wins a November election against Republican rival Donald Trump, her ...

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