State Tax Laws - Vermont

Individual tax rates range from 3.55% to 8.95%, after taking out a $3,900 per person exemption. Sales taxes are 6%, and local areas can add another 1%. Vermont has a tax on estates valued over $2,750,000.

Corporate tax rates range from 6% to 8.5%. There also is a business entity minimum tax of $250 that applies to Partnerships, LLCs and S-corps. More information can be found at: http://www.state.vt.us/tax/index.shtml


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