Axable income over-----Not over-----Tax rate
$ 0---- $ 50,000---- 15%
50,000---- 75,000---- 25%
75,000---- 100,000---- 34%
100,000---- 335,000---- 39%
335,000---- 10,000,000---- 34%
10,000,000---- 15,000,000---- 35%
15,000,000---- 18,333,333---- 38%
18,333,333---- .......... ---- 35%
These are the corporate tax rates. Be careful how you calculate the tax. For instance, tax on $57,000 would be 15% on the first $50,000 and 25% on the next %7,000.