2022 State Corporate Rate Reductions

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In 2022, as of mid-July seven states have enacted legislation that reduces their corporate income tax rates, according to the Tax Foundation. Those states, along with their rate decreases and high-level provisions, are highlighted below. For more information on this year’s changes to state tax rates across the United States, visit www.taxfoundation.org/state-tax-reform-relief-enacted-2022.

Source: Tax Foundation, “State Tax Reform and Relief Enacted in 2022,” www.taxfoundation.org/state-tax-reform-relief-enacted-2022.


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