| Current Iowa Corporation Tax Rates (Effective 1981-2009, so far) | ||||||
| Taxable income over: | But not over: | The tax is: | Of the amount over: | |||
| $0 | $25,000 | + | 6% | $0 | ||
| $25,000 | $100,000 | $1,500.00 | + | 8% | $25,000 | |
| $100,000 | $250,000 | $7,500.00 | + | 10% | $100,000 | |
| $250,000 | $22,500.00 | + | 12% | $250,000 | ||