Corporate Tax Rate Schedule. 2016 T axable Income Over Of the Amount Over $50,000 75,000 100,000 335,000 10,000,000 15,000,000 3,400,000 + 35% 10,000,000 15,000,000 18,333,333 5,150,000 + 38% 15,000,000 0 $0 50,000 75,000 100,000 335,000 But Not Over 50,000 75,000 100,000 335,000 10,000,000 15% 25% 34% 39% 34% $7,500 + 13,750 + 22,250 + 113,900 + 18,333,333 35% Source: Internal Revenue Service, 2016 Instructions for Form 1120 Corporate Tax Rate Schedule. 2016 T axable Income Over Of the Amount Over $50,000 75,000 100,000 335,000 10,000,000 15,000,000 3,400,000 + 35% 10,000,000 15,000,000 18,333,333 5,150,000 + 38% 15,000,000 0 $0 50,000 75,000 100,000 335,000 But Not Over 50,000 75,000 100,000 335,000 10,000,000 15% 25% 34% 39% 34% $7,500 + 13,750 + 22,250 + 113,900 + 18,333,333 35% Source: Internal Revenue Service, 2016 Instructions for Form 1120