CORPORATE INCOME TAX RATES IN SELECTED STATES

HIGH

Pennsylvania: 9.99%

Minnesota: 9.8%

California: 8.84%

MEDIUM

New York: 7.1%

Tennessee: 6.5%

New Mexico: 4.8%-7.6% *

LOW

Michigan: 4.95%

Colorado: 4.63%

Texas: None

UPPER MIDWEST

Iowa: 6%-12% *

Wisconsin: 7.9%

North Dakota: 2.6%-6.5% *

South Dakota: None

* depending on income level Source: Tax Foundation (www.taxfoundation.org)