Corp tax rates don’t change
Posted by taxguru on September 18, 2008
Q:
Subject: C- corp tax rates
Is this C-Corporation Income tax rate schedule published on your website for 2007 or 2008?
Thank you for your response
A:
Unlike individual income tax rate brackets, which are adjusted annually for inflation, the corporate tax rates are only adjusted every few decades, if ever, by our rulers in Washington.
The corp rates shown on my website have been in effect for the past several years and will most likely be in effect for several more years.
I hope this helps.
Kerry Kerstetter
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Tax Guru - Ker$tetter Letter 