TAXABLE INCOME |
TAX |
OVER |
BUT
NOT OVER |
TAX
IS |
OF
THE AMOUNT OVER |
$0 |
$50,000 |
15% |
$0 |
50,000 |
75,000 |
7,500
+ 25% |
50,000 |
75,000 |
100,000 |
13,750
+ 34% |
75,000 |
100,000 |
335,000 |
22,250
+ 39% |
100,000 |
335,000 |
10,000,000 |
113,900
+ 34% |
335,000 |
10,000,000 |
15,000,000 |
3,400,000
+ 35% |
10,000,000 |
15,000,000 |
18,333,333 |
5,150,000
+ 38% |
15,000,000 |
18,333,333 |
--- |
6,416,667
+ 35% |
18,333,333 |
Please Note: These
rates are effective for the years 1998 through 2004. Qualified personal
service corporations are taxed at a flat rate of 35%. They
cannot use the graduated scale above.
|
|