Corporation

Corporation Tax Rate Schedule

 Taxable income over  But 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  $10,0000,000  34%
 $10,000,000  $15,000,000  35%
 $15,000,000  $18,333,333  38%
 $18,333,333  —  35%

California State Tax Rate

 Entity Type  Tax Rate
 Corporations other than banks and financials  8.84%
 Bank and financials  10.84%
 Alternative Minimum Tax (AMT) rate  6.65%
 S corporation rate  1.5%
 S corporation bank and financial rate  3.5%