what country has the lowest corporate tax rate 
a few countries have no corporate tax at all including the bahamas bahrain and the united arab emirates many others have notably low corporate tax rates including barbados which has a corporate tax rate of 5 5 turkmenistan which has one of 8 and hungary which has one of 9 the bottom linethe corporate tax rate is a tax levied on a corporation s profits collected by a government as a source of income it applies to a company s income which is revenue minus expenses in the u s the federal corporate tax rate is a flat rate of 21 states may also impose a separate corporate tax on companies companies often seek to lower their corporate tax obligations through taking advantage of deductions loopholes subsidies and other practices 