The corporate tax rate in the United States is currently a flat rate of 21%. Before theTax Cuts and Jobs Act (TCJA)of 2017, the corporate tax rate was 35%. In August of 2022, the United States Congress passed a new 15% corporate minimum tax into law as part of the Inflation Reducti...
In the past, the GSTT has been hefty, ranging from 35% to 77%.9The current rate, which has been in effect since 2014, is 40%; however, the Tax Cuts and Jobs Act, which passed in 2017, dramatically decreased the number of estates that might be affected by it by raising the exemptio...