What will the corporate tax rate be in 2023?
The top marginal corporate income tax rate was reduced from 5.9 to 5.3 percent on January 1, 2023, although the top marginal individual income tax rate was reduced from 5.5 to 4.9 percent retroactively to 2022. Please refer to the table below for more information about your 2023 corporate taxes.
2023 CORPORATE INCOME TAX RATES
2023 ESTATES AND NON-GRANTOR TRUSTS INCOME TAX RATES
2023 ESTATE AND GIFT TAX RATES & EXEMPTIONS