0 to $50,000....................................0%
$50,000 to $75,000..................$7,500 + 25%
$75,000 to $100,000................$13,750 + 34%
$100,000 to $335,000..............$22,250 + 39%
$335,000 to $10 Million...........$113,900 + 34%
$10 Million to $15 Million........$3.4 Million + 35%
$15 Million to $18,333,333......$5.15 Million + 38%
Over $18,333,333.............................35%
I think an increase in the corporate tax rate will affect all companies in a negative way. However, smaller companies will be hurt more than large corporations.
Corporate pay PAYE, and profit tax. There is debate on paying tax even company is making losses. Some claimed that of operating on losses over 7 years.