United States Federal Corporate Tax Rate

The Tax Cuts and Jobs Act (TCJA) introduced on January 1st, 2018 reduced the United States federal corporate income tax rate to 21 percent from 35 percent. Still, 44 of the 50 US states levy additional corporate income taxes which brings the average rate to 25.7 percent. Corporate Tax Rate in the United States averaged 32.68 percent from 1909 until 2018, reaching an all time high of 52.80 percent in 1968 and a record low of 1 percent in 1910.

Corporate Tax Rate in the United States is expected to be 21.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Federal Corporate Tax Rate is projected to trend around 21.00 percent in 2020, according to our econometric models.

United States Federal Corporate Tax Rate

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United States Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	21.00	35.00	52.80	1.00	percent	[+]
Personal Income Tax Rate	37.00	39.60	39.60	35.00	percent	[+]
Sales Tax Rate	0.00	0.00	0.00	0.00	percent	[+]
Social Security Rate	15.30	15.30	16.75	15.30	percent	[+]
Social Security Rate For Companies	7.65	7.65	10.10	7.65	percent	[+]
Social Security Rate For Employees	7.65	7.65	7.65	6.65	percent	[+]

In the United States, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of the United States. This page provides - United States Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Federal Corporate Tax Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	21.00	35.00	52.80	1.00	1909 - 2018	percent	Yearly

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Country	Last		Previous	Range
Argentina	35.00	Dec/18	35	35 : 33	%
India	34.61	Dec/18	34.61	38.95 : 32.44	%
Brazil	34.00	Dec/18	34	37 : 25	%
France	33.30	Dec/18	33.3	50 : 33.3	%
Japan	30.86	Dec/18	30.86	52.4 : 30.86	%
Australia	30.00	Dec/18	30	49 : 30	%
Mexico	30.00	Dec/18	30	42 : 28	%
Germany	29.79	Dec/18	29.79	56.8 : 29.4	%
South Africa	28.00	Dec/18	28	37.8 : 28	%
Canada	26.50	Dec/18	26.5	50.9 : 26.1	%
China	25.00	Dec/18	25	33 : 25	%
Indonesia	25.00	Dec/18	25	39 : 25	%
Netherlands	25.00	Dec/18	25	48 : 25	%
South Korea	25.00	Dec/18	22	40 : 22	%
Spain	25.00	Dec/18	25	35 : 25	%
Italy	24.00	Dec/18	24	53.2 : 24	%
Turkey	22.00	Dec/18	20	33 : 20	%
United States	21.00	Dec/18	35	52.8 : 1	%
Russia	20.00	Dec/18	20	43 : 20	%
Saudi Arabia	20.00	Dec/18	20	45 : 20	%
United Kingdom	19.00	Dec/18	19	52 : 19	%
Switzerland	17.77	Dec/18	17.77	25 : 17.77	%
Singapore	17.00	Dec/18	17	26 : 17	%