State |
LLC TAX RATES |
Alabama |
6.5% |
Alaska |
2 - 9.4% |
Arizona |
6.96% |
Arkansas |
1 - 6.5% |
California |
8.84% |
Colorado |
4.63% |
Connecticut |
7.5% with $250 (minimum) |
District of Columbia |
9.975% with a minimum tax payment of $100 to submit $0 return. |
Delaware |
8.7% lower rate for income 20 million+ down to 2.7% |
Florida |
5.5% |
Georgia |
6% |
Hawaii |
4.4 to 6.4% |
Idaho |
7.6% with a minimum payment of $20 for a $0 return. |
Illinois |
7.3% |
Indiana |
8.5% |
Iowa |
6 - 12% |
Kansas |
4 - 7.05% |
Kentucky |
4 - 6% |
Louisiana |
4 - 8% |
Maine |
3.5 to 9.93% |
Maryland |
8.25% |
Massachusetts |
9.5% with a minimum payment of $456 |
Michigan |
4.95% plus .8% of sales |
Minnesota |
9.8% |
Mississippi |
3 - 5% |
Missouri |
6.25% |
Montana |
6.75% with a $50 minimum fee |
Nebraska |
5.58 - 7.81% |
Nevada |
No tax. $200 / Yearly business license tax |
New Hampshire |
8.5% |
New Jersey |
6.5 - 9% |
New Mexico |
4.8 - 7.6% |
New York |
7.1% with a minimum tax of $100-$1500 |
North Carolina |
6.9% minimum tax payment of $35 |
North Dakota |
4.1 to 6.5% |
Ohio |
26% of your gross revenue. $150 minimum payment. |
Oklahoma |
6%. |
Oregon |
6.6 to 7.9% |
Pennsylvania |
9.99% |
Rhode Island |
9% |
South Carolina |
5% |
South Dakota |
None |
Tennessee |
subject to the Tennessee franchise tax and Tennessee Excise tax. Franchise tax has minimum payment of $100 |
Texas |
1% on gross income over $1,000,000 |
Utah |
5% with a minimum tax payment $100 |
Vermont |
6 - 8.5% |
Virginia |
6% |
Washington |
ross income tax of 1.5% on your revenue after your first $35,000 of gross receipts |
West Virginia |
8.5% minimum payment of $50 for Business franchise tax. |
Wisconsin |
7.9% |
Wyoming |
No personal or corporate income tax. Sales tax 5.42%, |