Jan 1, 2025 · A corporate income tax (CIT) is levied by federal and state governments on business profits. Many companies are not subject to the CIT because they are taxed as pass-through …

Corporate income tax is imposed at the federal level [2] on all entities treated as corporations (see Entity classification below), and by 47 states and the District of Columbia.

Jan 30, 2025 · The federal corporate tax rate in the United States is 21%, and it applies to a corporation's profits. The taxes are paid on a company's taxable income, which includes revenue …

Oct 6, 2025 · This explainer describes how the U.S. corporate income tax system works, the ways it has evolved in recent years, and the implications for the United States’ fiscal and economic condition. …

Feb 21, 2025 · Find tax information for corporations including compliance, filing requirements, the examination process, FATCA, uncertain tax positions and e-file.

The corporate income tax is the third-largest source of federal revenue, although substantially smaller than the individual income tax and payroll taxes. It raised $424.7 billion in fiscal year 2022, 8.7 …

Aug 15, 2025 · AFSI determines whether a corporation is an applicable corporation subject to tax as well as the amount of the tax. In general, a taxpayer is an applicable corporation if its average annual …

Nov 25, 2024 · Learn what corporate tax is, how company taxation works, and the difference between income tax and corporate tax. A complete guide to corporation tax rates.

May 8, 2025 · At the federal level, the corporate income tax rate is currently 21%, applied uniformly across all corporations. In addition to federal taxes, most states also assess their own corporate …

In addition to the federal corporate income tax, which applies to all corporations nationwide, all but six states charge an additional state corporate income tax on top of federal taxes.