State Corporate Income Tax Rates for 2019

State Corporate Income Tax Rates for 2019 Corporate income taxes are levied in 44 states, with rates ranging from 2.5 percent in North Carolina to 12 percent in Iowa. States with the highest top marginal      States with the lowest top marginal corporate tax rates:                                    corporate tax rates: – Iowa (12.00%)                                        – North Read more…

Important Sales Tax Developments After the Wayfair Decision

Important Sales Tax Developments After the Wayfair Decision In the wake of the June 21st Supreme Court decision in South Dakota v. Wayfair, multiple states have drafted legislation and/or regulatory procedures to begin collecting sales or use taxes from out-of-state remote sellers.  In addition to South Dakota, the states of Alabama, Louisiana, Wisconsin, New Read more…