Corporate or business tax

  1. Cleanclover profile image40
    Cleancloverposted 7 years ago

    How much tax a corporation pays to the government in your country? Here it is 5 to less than 5% depending on what is left over to be taxed and if not re-invested.

    1. Rochelle Frank profile image95
      Rochelle Frankposted 7 years ago

      Corporate Income Tax Rates--2010, 2009, 2008, 2007, 2006, 2005

             Taxable income over     Not over      Tax rate

                $         0        $    50,000        15%
                     50,000             75,000        25%
                     75,000            100,000        34%
                    100,000            335,000        39%
                    335,000         10,000,000        34%
                 10,000,000         15,000,000        35%
                 15,000,000         18,333,333        38%
                 18,333,333         ..........        35%

      1. Cleanclover profile image40
        Cleancloverposted 7 years agoin reply to this

        The rates are more or less the same everywhere but a corporate has an advantage that they are taxed after they have spent a lot of their money including investments so they actually end up paying less than 5%.

     
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