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  2. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    Effective corporate tax rate for OECD countries averaged between 2000 and 2005. The effective tax rate equals corporate taxes/corporate surplus. [11] Shareholders of corporations are taxed separately upon the distribution of corporate earnings and profits as a dividend. Tax rates on dividends are at present lower than on ordinary income for ...

  3. 1231 property - Wikipedia

    en.wikipedia.org/wiki/1231_property

    1231 Property is a category of property defined in section 1231 of the U.S. Internal Revenue Code. [1] 1231 property includes depreciable property and real property (e.g. buildings and equipment) used in a trade or business and held for more than one year.

  4. Controlled foreign corporation - Wikipedia

    en.wikipedia.org/wiki/Controlled_foreign_corporation

    Corporate U.S. shareholders are entitled to a foreign tax credit for their share of the foreign income taxes paid by a CFC with respect to E&P underlying a Subpart F inclusion. Creditable taxes are reduced by 20% for §951A inclusions. [17]

  5. Tax rate - Wikipedia

    en.wikipedia.org/wiki/Tax_rate

    An average tax rate is the ratio of the ... we can have a pack of cigarettes containing 20 cigarettes in California. The California tax rate is $ 0.1435 per cigarette ...

  6. S corporation - Wikipedia

    en.wikipedia.org/wiki/S_corporation

    In Philadelphia, S corporations are subject to the city's income tax (6.35%) and gross receipts tax (1.415%), but not the net profits tax (3.8907%). They pay Pennsylvania 's flat personal income tax rate of 3.07% instead of the corporate 9.99%.

  7. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    The rate of tax at the federal level is graduated; that is, the tax rates on higher amounts of income are higher than on lower amounts. Federal individual tax rates vary from 10% to 37%. [8] Some states and localities impose an income tax at a graduated rate, and some at a flat rate on all taxable income. [9]

  8. Pacific Gas and Electric Company - Wikipedia

    en.wikipedia.org/wiki/Pacific_Gas_and_Electric...

    The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). [2] The company is headquartered at 300 Lakeside Drive, in Oakland, California.PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.

  9. SEP-IRA - Wikipedia

    en.wikipedia.org/wiki/SEP-IRA

    received at least $650 in compensation for tax year 2021 ($600 for 2019 and for 2020) Employers may use less restrictive criteria. [3] SEP-IRA funds are taxed at ordinary income tax rates when qualified withdrawals are taken after age ⁠59 + 1 / 2 ⁠ (as for traditional IRAs). Contributions to a SEP plan are deductible, lowering a taxpayer's ...

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