O'Malley & O'Malley CERTIFIED PUBLIC ACCOUNTANTS, CERTIFIED FINANCIAL PLANNER, A Family Business Since 1945, AICPA Members - Licensed in NJ & PA, Solutions for Businesses and Individuals   3112 Woodhaven Drive
Cinnaminson, NJ 08077
omalleycpa@comcast.net
Phone: 856-829-9100 Fax: 856-829-4422

Corporate Tax Rates For 2011 & 2012

Federal

Taxable Income But not   Of the amount
Over - Over - The tax is: Over -
$0 $50,000 15% $0
$50,000 $75,000 $7,500 + 25% $50,000
$75,000 $100,000 $13,750 + 34% $75,000
$100,000 $335,000 $22,250 + 39% $100,000
$335,000 $10,000,000 $113,900 + 34% $335,000
$10,000,000 $15,000,000 $3,400,000 + 35% $10,000,000

New Jersey

Taxable Income But not  
Over - Over - The tax is:
$0 $50,000 6.5%
$50,000 $100,000 7.5%
$100,000 -- 9.0%

 

Minimum Tax on New Jersey Gross Receipts
More Than: But No More Than: The Tax Is:
$0 $100,000 $500
$100,000 $250,000 $750
$250,000 $500,000 $1,000
$500,000 $1,000,000 $1,500
$1,000,000 or more $2,000

Pennsylvania

All income is taxed at 9.99%

 

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