Question of the Day

Which of these business sectors pays a higher federal corporate income tax rate?

Correct Answer

Tell Me More

Out of 20 major business sectors, the effective federal corporate income tax rate in 2009 averaged from as low as 16% for mining to as high as 34% for educational services. Such regular disparities are the result of tax preferences.

DocumentationTax PreferencesCorporate Income Taxes



Reload Question
Share via Facebook
Share via Twitter
Share via Email
Embed into your website
About the Fact App
Articles by Topic