Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 43.20.011 - Tax on corporations(a)[Repealed, Sec. 10 ch 1 SSSLA 1980].(b)[Repealed, Sec. 10 ch 1 SSSLA 1980].(c)[Repealed, Sec. 10 ch 1 SSSLA 1980].(d)[Repealed, Sec. 10 ch 1 SSSLA 1980].(e) There is imposed for each taxable year upon the entire taxable income of every corporation derived from sources within the state a tax computed as follows:If the taxable income is Then the tax is: Less than $25,000 Zero $25,000 but less than $49,000 2 percent of the taxable income over $25,000 $49,000 but less than $74,000 $480 plus 3 percent of the taxable income over $49,000 $74,000 but less than $99,000 $1,230 plus 4 percent of the taxable income over $74,000 $99,000 but less than $124,000 $2,230 plus 5 percent of the taxable income over $99,000 $124,000 but less than $148,000 $3,480 plus 6 percent of the taxable income over $124,000 $148,000 but less than $173,000 $4,920 plus 7 percent of the taxable income over $148,000 $173,000 but less than $198,000 $6,670 plus 8 percent of the taxable income over $173,000 $198,000 but less than $222,000 $8,670 plus 9 percent of the taxable income over $198,000 $222,000 or more $10,830 plus 9.4 percent of the taxable income over $222,000. (f)[Repealed, Sec. 10 ch 1 SSSLA 1980].Amended by SLA 2013, ch. 21,sec. 1, eff. 5/28/2013.