TaxGuided
United States Corporate income tax history

Historical year detail

United States Corporate income tax in 1994

IRS guidance reflects the OBRA 1993 graduated corporate rate structure with additional surtax language in IRC section 11 for higher taxable income bands.

Country

United States

Series

Corporate income tax

Year

1994

Rate structure

MinMaxRate
$0$50,00015%
$50,000$75,00025%
$75,000$10,000,00034%
$10,000,000No upper limit35%

Enacting authority

Omnibus Budget Reconciliation Act of 1993

Pub. L. 103-66

Open legislation source

Inflation-adjusted brackets have not been loaded for this starter record yet.

Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.