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Kentucky
Corporate Income Tax Rate at a Glance
Kentucky's top corporate income tax rate is 5%, applied as a flat rate. This places Kentucky in the "Moderate (5–7.99%)" tier among U.S. states.
Rate Structure (Flat vs. Graduated)
5.0% flat corporate income tax rate.
Franchise Tax / Annual Privilege Tax
Kentucky imposes the Limited Liability Entity Tax (LLET) on LLCs and corporations, computed as the lesser of $0.095 per $100 of Kentucky gross receipts or $0.75 per $100 of Kentucky gross profits, with a $175 minimum.
S-Corp & Pass-Through Treatment
Kentucky recognizes federal S-corp election. Pass-through entities may elect to pay tax at the entity level under Kentucky's PTE election (HB 360, 2023). LLET still applies to S-corps and LLCs at the entity level.
Official State Revenue Department
For current corporate tax rules in Kentucky, consult the state's official source at https://revenue.ky.gov/Business/Corporation-Income-and-Limited-Liability-Entity-Tax/Pages/default.aspx. Rates and rules change annually — verify with a qualified tax professional before taking any action.
Related guides
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- Maryland → Nevada
Moving to Kentucky from elsewhere · Corporate Tax
Corporate income tax rates change frequently as states enact reform packages and phase-down schedules. Always verify current rates with the state's department of revenue and your tax advisor before making business decisions. This information is for educational purposes only and is not tax or legal advice.