[DeTomaso] NPC - Corporate taxes
MACHWIL at aol.com
MACHWIL at aol.com
Mon Nov 8 16:58:22 EST 2010
Bob,
Thank you for both the correct info on taxes and your hope for ending of
this thread.
Bud Williams
In a message dated 11/8/2010 12:52:22 P.M. Pacific Standard Time,
P6746 at aol.com writes:
Hopefully the end of the thread.
C corporation tax rates since July 1, 1987:
first 50000 15%
next 25000 25%
next 25000 34%
next 235000 39% (the add'l 5% is to eliminate the exemption
for the lower rates on the first 75000 thus an overall maximum
rate
of 34%)
over 335000 34%
S corporation rates are the same as individual rates.
Bob Reid, CPA
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