Revisited: State Corporate Income Tax Rates and Brackets, 2026

Attorney and CPA Chad D. Cummings breaks down the latest corporate income tax landscape in this timely presentation. Forty-four states still impose a corporate income tax, with top rates reaching as high as 11.5 percent in New Jersey, while three states cut their rates effective January 1, 2026, and thirteen states now sit at or below 5 percent. Florida and Texas stand out with far lower effective burdens and no state personal income tax, making them magnets for businesses seeking to reduce their overall tax exposure. This presentation shows exactly how these differences add up to hundreds of thousands of dollars over time for C corporations and pass-through entities alike. Learn how redomestication enables business owners to transfer their company’s state of domicile to Florida or Texas without creating a new entity, without dissolution, and on a completely tax-free basis while keeping the same FEIN, contracts, credit history, and bank accounts. If your company is domiciled in a high corporate tax state, this could be the strategic move that protects your future profitability. Learn more: https://www.cummings.law/redomestication/