| CORPORATION INCOME TAX RATE 2005 | |||||
| TAXABLE CORPORATE INCOME | |||||
| From | To | Difference | Base Tax | Plus | Tax on Rate |
| $ - | $ 50,000 | $ 50,000 | - | 15.00% | $ 7,500.00 |
| $ 50,000 | $ 75,000 | $ 25,000 | 7,500.00 | 25.00% | $ 6,250.00 |
| $ 75,000 | $ 100,000 | $ 25,000 | 13,750.00 | 34.00% | $ 8,500.00 |
| $ 100,000 | $ 335,000 | $ 235,000 | 22,250.00 | 39.00% | $ 91,650.00 |
| $ 335,000 | $ 10,000,000 | $ 9,665,000.00 | 113,900.00 | 34.00% | $ 3,286,100.00 |
| $ 10,000,000 | $ 15,000,000 | $ 5,000,000.00 | 3,400,000.00 | 35.00% | $ 1,750,000.00 |
| $ 15,000,000 | $ 18,333,333 | $ 3,333,333.00 | 5,150,000.00 | 38.00% | $ 1,266,666.54 |
| $ 18,333,333 | $ - | - | 6,416,666.54 | 35.00% | $ - |