USA

At a glance

 

Corporate Income Tax Rate 35 %
Tax rate applied on capital gains 35 %
Tax rate applied on branch profits 35 %
   
Other taxes (e.g. local or state tax) yes
   
Withholding taxes (standard rates)  
on dividends 30 %
on branch profit remittance 30 %
on interest 30 %
on royalties 30 %
   
Loss carry back period 2 years
Loss carry forward period 20 years

Introduction

The United States of America (also referred to as the United States, the U.S., the USA, the States, or America) is a federal constitutional republic comprising fifty states and a federal district. The country is situated mostly in central North America, where its forty-eight contiguous states and Washington, D.C., the capital district, lie between the Pacific and Atlantic Oceans, bordered by Canada to the north and Mexico to the south. The state of Alaska is in the northwest of the continent, with Canada to the east and Russia to the west across the Bering Strait. The state of Hawaii is an archipelago in the mid-Pacific. The country also possesses several territories in the Caribbean and Pacific. The United States was founded by thirteen British colonies located along the Atlantic seaboard. On July 4, 1776, they issued the Declaration of Independence, which proclaimed their right to self-determination and their establishment of a cooperative union. The current United States Constitution was adopted on September 17, 1787; its ratification the following year made the states part of a single republic with a strong central government. The Bill of Rights, comprising ten constitutional amendments guaranteeing many fundamental civil rights and freedoms, was ratified in 1791. By the 1870s, the national economy was the world's largest. Today, the country is still a leading economic as well as a political and cultural force in the world. (Source: Wikipedia)

Publications

CTA Members in USA

Marc Schwartz Marc Schwartz
Telephone: +1 (404) 2369829 E-Mail: marc.schwartz@corptax.org
Rob Bossart Rob Bossart
Telephone: +1 (516) 766 4133 E-Mail: rob.bossart@corptax.org
Paul Tadros Paul Tadros
Telephone: +1 (905) 420 8658 E-Mail: paul.tadros@corptax.org

Links