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Taxation in USA
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Taxation in the USA
Income Tax
Below are the current tax bands, based on a single employed person living in the United States. All figures are in Dollars ($):
Progessive up to 35%.
Corporate Tax
Below are the current corporation tax bands. All figures are in Dollars ($):
$0 - $50,000 15%
$50,000 - $75,000 $7,500 + 25% of over $50,000
$75,000 - $100,000 $13,750 + 34% of over $75,000
$100,000 - $335,000 $22,250 + 39% of over $100,000
$335,000 - $10,000,000 $113,900 + 34% of over $335,000
$10,000,000 - $15,000,000 $3,400,000 + 35% of over $10,000,000
$15,000,000 - $18,333,333 $5,150,000 + 38% of over $15,000,000
Over $18,333,333 Flat 35%