TAX RATE & QBI
01.Core Concepts
• Corporate tax rates are 21%. • Qualified business income (QBI) subject to 20% deduction for pass-through entities. The QBI deduction was made permanent by OBBBA.
Warren AI
• Corporate tax rates are 21%. • Qualified business income (QBI) subject to 20% deduction for pass-through entities. The QBI deduction was made permanent by OBBBA.