Illinois business income taxes No. 2 in U.S.

Top marginal corporate income tax rate by state, rank in U.S., 2024

0.0%0.0%9.0%9.0%7.0%7.0%5.9%5.9%4.9%4.9%0.0%0.0%4.0%4.0%0.0%0.0%7.6%7.6%5.0%5.0%9.8%9.8%5.8%5.8%6.5%6.5%6.0%6.0%0.0%0.0%9.4%9.4%4.0%4.0%4.0%4.0%4.0%4.0%0.0%0.0%6.0%6.0%5.5%5.5%6.0%6.0%9.5%9.5%7.1%7.1%7.9%7.9%4.8%4.8%6.5%6.5%2.5%2.5%7.0%7.0%5.0%5.0%7.5%7.5%8.0%8.0%6.5%6.5%0.0%0.0%6.0%6.0%5.0%5.0%4.9%4.9%9.0%9.0%5.0%5.0%6.5%6.5%8.0%8.0%8.5%8.5%7.5%7.5%8.0%8.0%9.0%9.0%6.4%6.4%7.5%7.5%8.7%8.7%7.0%7.0%