What was the federal income tax rate in 2013?

What was the federal income tax rate in 2013?

2013 Tax Brackets

Table: 2013 Tax Rates and Brackets
Filing Status Taxable Income Rate
Single $0 to $8,925*: 10%
$8,925* to $36,250: 15%
$36,250 to $87,850: 25%

What is the corporate tax rate history?

Corporate Tax Rate in the United States averaged 32.37 percent from 1909 until 2021, reaching an all time high of 52.80 percent in 1968 and a record low of 1 percent in 1910. United States Federal Corporate Tax Rate – values, historical data and charts – was last updated on January of 2022.

What is the corporate tax rate for 2015?

For tax years beginning after 2017, the Tax Cuts and Jobs Act (P.L. 115-97) replaced the graduated corporate tax structure with a flat 21% corporate tax rate.

What is the federal income tax rate for corporations?

21 percent
The United States imposes a tax on the profits of US resident corporations at a rate of 21 percent (reduced from 35 percent by the 2017 Tax Cuts and Jobs Act). The corporate income tax raised $230.2 billion in fiscal 2019, accounting for 6.6 percent of total federal revenue, down from 9 percent in 2017.

What was the federal corporate tax rate in 2016?

The tax was 20 percent of the excess of this “alternative minimum taxable income” (AMTI) over $40,000….Historical U.S. Federal Corporate Income Tax Rates & Brackets, 1909-2020.

Year Collections [nominal] (millions) Collections as a % of GDP (Percentge)
2019 230,245 1.1
2018 204,733 1.0
2017 297,048 1.5
2016 299,571 1.6

What was the corporate tax rate in 2016?

From April 1, 1954, through Calendar Year 1969, the maximum tax rate on capital gains was 25 percent….Historical U.S. Federal Corporate Income Tax Rates & Brackets, 1909-2020.

Year Collections [nominal] (millions) Collections as a % of GDP (Percentge)
2019 230,245 1.1
2018 204,733 1.0
2017 297,048 1.5
2016 299,571 1.6