P TABLE 2-1 Corporate Tax Rates as of January 2012 If a Corporation's Taxable Income Is Up to $50,000 $50,000-$75,000 It Pays This Amount on the Base of the Bracket SO Plus This Percentage on the Excess Over the Base Average Tax Rate at Top of Bracket 15.0% 15% $7,500 25 18.3 $75,000-$100,000 $13,750 34 22.3 $100,000-$335,000 $22,250 39 34.0 $335,000-$10,000,000 $113,900 34 34.0. $10,000,000-$15,000,000 $3,400,000 35 34.3 $15,000,000-$18,333,333 $5,150,000 38 35.0 Over $18,333,333 Cengage Learning 2014 $6,416,667 35 35.0