50-State Corporate Income Tax & Franchise Tax Directory

Compare state corporate income taxes, 0% corporate tax havens, gross receipts taxes (CAT / Margin Tax), and annual minimum franchise taxes (Updated for 2026).

State Corporate Income Tax Rate Gross Receipts / Franchise Tax Min Annual Tax Entity Tax Rating
Wyoming0.0% (No Corporate Tax)None$60 (Annual Report)💎 Top Tier Haven
South Dakota0.0% (No Corporate Tax)None (Bank franchise only)$0💎 Top Tier Haven
Nevada0.0% (No Corporate Tax)0.051% - 0.281% Commerce Tax (> $4M)$350 (List of Officers)💎 Top Tier Haven
Texas0.0% (No Corporate Tax)0.375% - 0.75% Franchise Margin Tax (> $2.47M)$0 (Under threshold)💎 Top Tier Haven
Washington0.0% (No Corporate Tax)0.471% - 1.5% Business & Occupation (B&O)$0✅ Low Tax / High B&O
North Carolina2.5% (Lowest Flat Rate)0.15% Franchise Tax ($200 min)$200✅ Ultra-Competitive
Delaware8.7% Corporate Income TaxFranchise Tax ($175 - $200k max)$175⚖️ Preferred for VC / C-Corps
Florida5.5% (Exempts first $50k)None$150✅ Business Friendly
Ohio0.0% (No Corporate Tax)0.26% Commercial Activity Tax (CAT > $3M)$150✅ Gross Receipts Only
Georgia5.39% Flat RateGraduated Net Worth Tax ($0 - $5k)$0✅ Competitive Flat
Arizona4.9% Flat RateNone$50✅ Flat & Predictable
Utah4.65% Flat RateNone$100✅ Competitive Flat
Colorado4.4% Flat RateNone$0✅ Flat & Competitive
Indiana4.9% Flat RateNone$0✅ Competitive Flat
Pennsylvania7.99% (Phasing down to 4.99%)None$0⚠️ Phasing Down
California8.84% Corporate Income Tax$800 Minimum Annual Franchise Tax$800⚠️ High Bracket + $800 Min
New York6.5% - 7.25% Corporate TaxMTA Surcharge in NYC region$25⚠️ Moderate / High
Illinois9.5% (7.0% Corp + 2.5% Replacement)Personal Property Replacement Tax$0⚠️ High Combined Bracket
New Jersey9.0% - 11.5% (High Bracket)Corporation Business Tax (CBT) Surcharge$500⚠️ Highest Top Bracket
Minnesota9.8% Corporate Income TaxAlternative Minimum Tax$240⚠️ High Bracket