Similar to any changes to state tax rates on individual income, updates to corporate income tax rates are typically implemented on January 1 in any given year.
For the 2024 tax year, six states are making changes to the top marginal rate for corporate income tax. In all cases, corporations will be able to take advantage of a reduction in the rate.
Scroll through to find out where the reductions are being made and what the new rates are in these states.
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