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U.S. State Maximum Personal and Corporate Tax Rates

1

—2013 

Personal Tax Rate

Corporate Tax Rate

Alabama

5.00%

6.50%

Alaska

no income tax

9.40

Arizona

4.54

6.97

Arkansas

7.00

6.50

California

13.30

8.84

Colorado

4.63

4.63

Connecticut

6.70

7.50

Delaware

6.75

8.70

District of Columbia

8.95

9.98

Florida

no income tax

5.50

Georgia

6.00

6.00

Hawaii

11.00

6.40

Idaho

7.40

7.40

Illinois

5.00

7% + 2.5% replacement tax

Indiana

3.40

8.00

Iowa

8.98

12.00

Notes

(1)    These rates should only be used for general information purposes as most states have 

graduated rates that apply at lower levels of taxable income. State tax rates apply to 

taxable income as determined for state tax purposes. Many states also impose an 

alternative minimum tax, a gross receipts tax, a capital tax or an intangibles tax. Most 

states tax capital gains at different rates than ordinary income for individuals but not for 

corporations.

(2) Kansas applies the 3% surtax on taxes payable that exceed $50,000.

(3) Some states, such as Ohio and Washington, which do not impose a corporate income tax 

do impose a tax on business activity in the state, however based upon a measure (usually 

gross receipts) other than corporate net income.  

Current as of May 3, 2013

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