26 U.S.C. § 11
Tax imposed
# (a) Corporations in general
A tax is hereby imposed for each taxable year on the taxable income of every corporation.
# (b) Amount of tax
The amount of the tax imposed by subsection (a) shall be 21 percent of taxable income.
# (c) Exceptions
Subsection (a) shall not apply to a corporation subject to a tax imposed by— (1) section 594 (relating to mutual savings banks conducting life insurance business), (2) subchapter L (sec. 801 and following, relating to insurance companies), or (3) subchapter M (sec. 851 and following, relating to regulated investment companies and real estate investment trusts).
# (d) Foreign corporations
In the case of a foreign corporation, the taxes imposed by subsection (a) and section 55 shall apply only as provided by section 882.
Source: view the official text
Cited by 161
- 26 CFR § 1.103-8 — Interest on bonds to finance certain exempt facilities.
- 26 CFR § 1.108(i)-1 — Deferred discharge of indebtedness income and deferred original issue discount deductions of C corporations.
- 26 CFR § 1.1081-2 — Purpose and scope of exception.
- 26 CFR § 1.1081-9 — Requirements with respect to order of Securities and Exchange Commission.
- 26 CFR § 1.1083-1 — Definitions.
- 26 CFR § 1.11-1 — Tax on corporations.
- 26 CFR § 1.1201-1 — Alternative tax.
- 26 CFR § 1.1296-2 — Definition of marketable stock.
- 26 CFR § 1.1374-1A — Tax imposed on certain capital gains.
- 26 CFR § 1.1375-1 — Tax imposed when passive investment income of corporation having subchapter C earnings and profits exceed 25 percent of gross receipts.
- 26 CFR § 1.1381-2 — Tax on certain farmers' cooperatives.
- 26 CFR § 1.1446-0 — Table of contents.
Show 48 more
- 26 CFR § 1.1446-3 — Time and manner of calculating and paying over the 1446 tax.
- 26 CFR § 1.1446-4 — Publicly traded partnerships.
- 26 CFR § 1.1446-5 — Tiered partnership structures.
- 26 CFR § 1.15-1 — Changes in rate during a taxable year.
- 26 CFR § 1.1502-2 — Computation of tax liability.
- 26 CFR § 1.1502-3 — Consolidated tax credits.
- 26 CFR § 1.1502-47 — Consolidated returns by life-nonlife groups.
- 26 CFR § 1.1502-5 — Estimated tax.
- 26 CFR § 1.1502-77B — Agent for the group applicable for consolidated return years beginning on or after June 28, 2002, and before April 1, 2015.
- 26 CFR § 1.1551-1 — Disallowance of surtax exemption and accumulated earnings credit.
- 26 CFR § 1.1552-1 — Earnings and profits.
- 26 CFR § 1.1561-1 — General rules regarding certain tax benefits available to the component members of a controlled group of corporations.
- 26 CFR § 1.1561-2 — Special rules for allocating reductions of certain section 1561(a) tax-benefit items.
- 26 CFR § 1.170A-1 — Charitable, etc., contributions and gifts; allowance of deduction.
- 26 CFR § 1.197-2 — Amortization of goodwill and certain other intangibles.
- 26 CFR § 1.245A(e)-1 — Special rules for hybrid dividends.
- 26 CFR § 1.247-1 — Deduction for dividends paid on preferred stock of public utilities.
- 26 CFR § 1.269-3 — Instances in which section 269(a) disallows a deduction, credit, or other allowance.
- 26 CFR § 1.269B-1 — Stapled foreign corporations.
- 26 CFR § 1.312-11 — Effect on earnings and profits of certain other tax-free exchanges, tax-free distributions, and tax-free transfers from one corporation to another.
- 26 CFR § 1.367(e)-1 — Distributions described in section 367(e)(1).
- 26 CFR § 1.381(c)(25)-1 — Deficiency dividend of a qualified investment entity.
- 26 CFR § 1.383-1 — Special limitations on certain capital losses and excess credits.
- 26 CFR § 1.401(a)(26)-9 — Effective dates and transition rules.
- 26 CFR § 1.401(a)-19 — Nonforfeitability in case of certain withdrawals.
- 26 CFR § 1.408-2 — Individual retirement accounts.
- 26 CFR § 1.410(a)-1 — Minimum participation standards; general rules.
- 26 CFR § 1.411(a)-1 — Minimum vesting standards; general rules.
- 26 CFR § 1.414(v)-1 — Catch-up contributions.
- 26 CFR § 1.460-6 — Look-back method.
- 26 CFR § 1.467-3 — Disqualified leasebacks and long-term agreements.
- 26 CFR § 1.468A-4 — Treatment of nuclear decommissioning fund.
- 26 CFR § 1.468B-2 — Taxation of qualified settlement funds and related administrative requirements.
- 26 CFR § 1.501(r)-2 — Failures to satisfy section 501(r).
- 26 CFR § 1.511-1 — Imposition and rates of tax.
- 26 CFR § 1.522-2 — Manner of taxation of cooperative associations subject to section 522.
- 26 CFR § 1.527-9 — Special rule for principal campaign committees.
- 26 CFR § 1.541-1 — Imposition of tax.
- 26 CFR § 1.57-1 — Items of tax preference defined.
- 26 CFR § 1.58-4 — Electing small business corporations.
- 26 CFR § 1.581-3 — Definition of bank prior to September 28, 1962.
- 26 CFR § 1.594-1 — Mutual savings banks conducting life insurance business.
- 26 CFR § 1.597-1 — Definitions.
- 26 CFR § 1.597-2 — Taxation of FFA.
- 26 CFR § 1.6016-1 — Declarations of estimated income tax by corporations.
- 26 CFR § 1.6074-1 — Time and place for filing declarations of estimated income tax by corporations.
- 26 CFR § 1.6425-2 — Computation of adjustment of overpayment of estimated tax.
- 26 CFR § 1.6655-1 — Addition to the tax in the case of a corporation.
Nearby sections (18 sections)
- 1 · Tax imposed
- 2 · Definitions and special rules
- 3 · Tax tables for individuals
- 4 · Repealed. Pub. L. 94–455, title V, § 501(b)(1), Oct. 4, 1976, 90…
- 5 · Cross references relating to tax on individuals
- 11 · Tax imposed
- 12 · Cross references relating to tax on corporations
- 15 · Effect of changes
- 21 · Expenses for household and dependent care services necessary for…
- 22 · Credit for the elderly and the permanently and totally disabled
- 23 · Adoption expenses
- 24 · Child tax credit
- 25 · Interest on certain home mortgages
- 25A · American Opportunity and Lifetime Learning credits
- 25B · Elective deferrals and IRA contributions by certain individuals
- 25C · Energy efficient home improvement credit
- 25D · Residential clean energy credit
- 25E · Previously-owned clean vehicles