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Old 08-30-2008, 09:17 PM
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How many Corporation Income Tax Rates does California State have for Tax Year 2008?

For the Tax Year 2008, California State has only 1 Corporation tax rate bracket with a flat rate of 8.84%.

However, California State imposes a "minimum tax of $800 on C Corporations and for the tax rate on S-Corporations is 1.5%".

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