Report: 2026 State Corporate Income Tax Rates and Brackets

In this presentation, attorney and CPA Chad D. Cummings examines the growing divergence in state corporate income tax rates and what it means for business owners. According to the Tax Foundation’s January 2026 analysis, top corporate rates now range from North Carolina’s low 2.0% (heading toward zero) all the way up to New Jersey’s 11.5%. While 13 states have rates at or below 5% and two states (South Dakota and Wyoming) impose no corporate income tax at all, several high-tax states continue pushing rates higher. Chad explains how these disparities affect both C corporations and pass-through entities, and why leaving your company domiciled in a high-tax state is becoming increasingly expensive. Most importantly, he shows why redomestication is the cleanest, most tax-efficient way to move your existing LLC, corporation, or partnership to a lower-tax state without dissolving the company, without forming a new entity, without losing your FEIN, and without triggering federal taxes. If you own a business and want to reduce your corporate tax burden while protecting what you’ve built, this presentation delivers the data and the practical solution. Learn more: https://www.cummings.law/redomestication/