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Maine state income taxed range from 3.5% (for income up to $25,000) to 8.93%
(for income in excess of $250,000). Even though Maine has neither franchise
tax nor tax on corporate shares they still score a 43 on the Tax Foundation's Corporate Tax Ranking Index. You
avoid corporate income tax entirely as a Nevada corporation or Nevada LLC. Nevada
corporations also benefit from the states superior asset protection including,
series LLC incorporations, Nevada business court, and statutory indemnification
of officers, directors and employees. Take a look at the data below to see
a full comparison of incorporations in Nevada vs. Maine:
| |
Nevada |
Maine |
|
State Corporate Income Tax ? |
None |
Various |
Tax Foundation's, Corporate Tax Ranking Index ? |
1 |
43 |
Personal Income Tax ? |
None |
2% - 8.5% |
Tax Foundations, Personal Income Tax Ranking Index |
1 |
38 |
Franchise Tax ? |
|
|
Tax on corp shares ? |
|
|
Gift Tax ? |
|
|
Unitary Tax ? |
|
|
Estate Tax ? |
|
|
Statutory Indemnification of Officers, Directors & Employees ? |
|
|
Charging Order Protection for Corporation ? |
|
|
Charging Order is Creditor's Sole Remedy for LLC or Corporation ? |
|
|
Highest Standard of Corporate Veil Protection ? |
|
|
Series LLC Allowed ? |
|
|
Business Court* |
|
|
|
Glossary of terms
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|
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