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 [+]


United States Federal Corporate Tax Rate

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 November of 2018.

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




Country Last
Argentina 35.00 Dec/18
India 34.61 Dec/18
Brazil 34.00 Dec/18
France 33.30 Dec/18
Japan 30.86 Dec/18
Australia 30.00 Dec/18
Mexico 30.00 Dec/18
Germany 29.79 Dec/18
South Africa 28.00 Dec/18
Canada 26.50 Dec/18
China 25.00 Dec/18
Indonesia 25.00 Dec/18
Netherlands 25.00 Dec/18
South Korea 25.00 Dec/18
Spain 25.00 Dec/18
Italy 24.00 Dec/18
Turkey 22.00 Dec/18
United States 21.00 Dec/18
Russia 20.00 Dec/18
Saudi Arabia 20.00 Dec/18
United Kingdom 19.00 Dec/18
Switzerland 17.77 Dec/18
Singapore 17.00 Dec/18


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