The 2017 Republican tax overhaul lowered the corporate tax rate from 35% to 21% — and unlike the changes made to individual and estate tax, that cut is permanent in law.

Executives at America’s largest corporations watched Donald Trump sign a massive tax-cut bill without any change in their own companies’ tax rates — and were grateful for their good luck.

As lawmakers debate which tax cuts to include in their historic reconciliation bill, a 15% corporate tax rate and a broad, 25% small business deduction should be the centerpieces.

Giving USA’s recent upbeat report showing record corporate giving in 2024 ran headlong last week into the “One Big Beautiful ...

Vice President Kamala Harris will push to increase the corporate tax rate to 28% from the current 21%, her campaign said Monday, the first day of the Democratic National Convention in Chicago.

A new corporate minimum tax is stoking concern among some companies that one-time activities, such as the sale of a business unit, will push them over the threshold for the levy even though the ...

She was still going over the agreement, Sinema spokeswoman Hannah Hurley said, per the Associated Press. Hurley pointed to the senator's comments from 2021 backing a corporate minimum tax.

How do corporate tax rate changes affect the economy? Corporate tax policy is a big election issue, partly because those taxes can be a key source of revenue for the government.

U.S. Vice President Kamala Harris is proposing to increase the corporate tax rate to 28% from 21% if she wins a November election against Republican rival Donald Trump, her campaign said on Monday.

While combined business tax revenues rose 118% between state fiscal years 2015 and 2022, the concurrent tax rate reductions did not cause this revenue growth. As detailed in NHFPI’s August 2, 2023 ...

The year 2025 is likely to see a big corporate tax fight, a multifront battle that will pit free marketers and big business against Democrats and populists.