U.S. State Maximum Personal and Corporate Tax Rates—2013  /  147

Personal Tax Rate

Corporate Tax Rate

Kansas

4.90%

4% + 3% surtax

2

Kentucky

6.00

6.00

Louisiana

6.00

8.00

Maine

7.95

8.93

Maryland

5.75

8.25

Massachusetts

5.25

8.00

Michigan

4.25

6.00

Minnesota

7.85

9.80

Mississippi

5.00

5.00

Missouri

6.00

6.25

Montana

6.90

6.75

Nebraska

6.84

7.81

Nevada

no income tax

no income tax

New Hampshire

5% of dividend & interest income

8.50

New Jersey

8.97

9.00 

New Mexico

4.90

7.60

New York

8.82

7.10

North Carolina

7.75

6.90

Refer to notes on the previous page.

Current as of May 3, 2013

© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms

affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.