State Corporate Income Taxes

The rate of tax among the forty-five states that have corporate tax ranges from approximately 1% to 12%. Many States have additional surtaxes, aternative minimum taxes (AMT's) and/or allow local governments to assess their own corporate taxes on top of that. This reality makes for a strong argument for 1) incoporating in a state, like Nevada, that does not have a state corporate income tax; and 2) organizing the business processes of the company in such a way that it legally avoids tax liabilities in those states wherever possible. Nevada is the perfect state for such an incorporation nexus. Call us at Silver Shield Services, Inc. to find out more about this important business strategy. Phone number (775) 577-4822.