U.S. State Maximum Personal and Corporate Tax Rates—2014  /  147

Personal Tax Rate

Corporate Tax Rate

Kansas

4.80%

4% + 3% surtax

3

Kentucky

6.00

6.00

Louisiana

6.00

8.00

Maine

7.95

8.93

Maryland

5.75

8.25

Massachusetts

5.20

8.00

Michigan

4.25

6.00

Minnesota

9.85

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

7.30

New York

8.82

7.10

North Carolina

5.80 flax tax

6.00

Refer to notes on the previous page.

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