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What is the U.S. corporate tax rate for 2015?

A:

Quick Answer

The U.S. corporate tax rate for 2015 is 39 percent, according to Trading Economics. It went down from 39.1 percent in 2014. The rate has remained relatively stable since 2000, staying between 39 percent and 39.3 percent throughout that period.

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Full Answer

The corporate tax rate in the United States is significantly higher than many other countries, including Australia, Canada, China, France and Japan, according to Trading Economics. In fact, the United States had the third-highest corporate tax rate of any country in the world as of 2014, according to the Tax Foundation. Only Chad and the United Arab Emirates had higher corporate tax rates. The worldwide average for corporate tax rates in 2014 was 22.6 percent.

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