Corporate Finance
Corporate Tax Calculator
Calculate corporate income tax liability with deductions and tax credits.
Income Statement
Total Revenue
$
Total business revenue / sales
Cost of Goods Sold
$
Direct costs of producing goods/services
Operating Expenses
$
SG&A, R&D, marketing, rent, salaries
Depreciation & Amortization
$
Non-cash depreciation and amortization expense
Other Income & Expenses
Interest Income
$
Interest earned from investments or savings
Interest Expense
$
Interest paid on business loans and debt
Tax Credits & Rates
Tax Credits
$
R&D credits, energy credits, etc.
Corporate Tax Rate
%
Federal corporate tax rate (US: 21%, varies by country)
State / Local Tax Rate
%
State, city, or local corporate tax rate
Tax
0%
Total Tax Liability
$0
corporate tax owed
EBIT (Earnings Before Tax)
$0
Taxable Income
$0
Effective Tax Rate
0%
Net Income After Tax
$0
📊 Detailed Breakdown
| Category | Amount | % of Revenue |
|---|
How the formula works
Taxable Income = (Revenue − COGS − OpEx − Depreciation + Interest Income − Interest Expense) | Tax = (Taxable Income × Tax Rate) − Tax Credits
- EBIT = Revenue − COGS − OpEx − Depreciation
- Taxable Income = EBIT + Interest Income − Interest Expense
- Total Tax Rate = Corporate Tax Rate + State/Local Tax Rate
- Gross Tax = Taxable Income × Total Tax Rate / 100
- Tax Liability = Gross Tax − Tax Credits
- Net Income After Tax = Taxable Income − Tax Liability
- Effective Tax Rate = (Tax Liability ÷ Taxable Income) × 100