BVX Knowledge Base
BVX Knowledge Base
M&A University

C Corp. Tax Rate: State or S Corp. Tax Rate: State

The label for this cell changes depending on the corporate structure.  For C Corp. the label is "C Corp. Tax Rate: State". For S Corp. the label is "S Corp. Tax Rate: State".

 

For C Corp. enter the combined state and/or local income tax rate for the corporation.  This rate is used to calculate corporate income tax on corporation's taxable income.  This rate is also used to calculate Corporate Liquidation Taxes (See ) on gain on asset sale. 

 

For S Corp. enter the combined state and/or local income tax rate for the corporation.  This rate is used to calculate corporation's tax liability on S Corp. taxable income.  This rate is also used to calculate Corporate Liquidation Taxes (see ) on gain on asset sale.

 

BVX does not have tax rates based on absolute levels of income.