Jenny Lorinda

Corporate Tax Rate 2024 Usain. 52 rows the current corporate tax rate (federal) is 21%. A flat corporate tax rate means that a small business that generates $200,000 in profit yearly would be taxed at the same rate as a larger corporation that generates.

Chicago — vice president kamala harris is calling for raising the corporate tax rate to 28%, her first major proposal to raise revenues and finance expensive plans she wants. The federal corporate income tax system is flat.