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New Hampshirecorporate tax inFlorida
Moderate — top rate 5–7.99%

Florida

Top Rate
5.5%
Rate Structure
Flat
Franchise Tax
No
Gross Receipts Tax
No
S-Corp Recognized
Yes

Corporate Income Tax Rate at a Glance

Florida's top corporate income tax rate is 5.5%, applied as a flat rate. This places Florida in the "Moderate (5–7.99%)" tier among U.S. states.

Rate Structure (Flat vs. Graduated)

5.5% flat corporate income tax. Florida exempts the first $50,000 of net income.

S-Corp & Pass-Through Treatment

Florida recognizes federal S-corp election. S-corps, partnerships, and LLCs taxed as partnerships are not subject to Florida corporate income tax; income passes through to owners. Florida has no individual income tax, so pass-through income is generally untaxed at the state level.

Official State Revenue Department

For current corporate tax rules in Florida, consult the state's official source at https://floridarevenue.com/taxes/taxesfees/Pages/corporate.aspx. Rates and rules change annually — verify with a qualified tax professional before taking any action.

Law last updated: 2025Row last reviewed: May 9, 2026

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.