Maine Business Tax Calculator

Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in Maine.

πŸ—ΊοΈWhy calculating in this state is different

Maine has a progressive income tax system.

State Income Tax
5.8% - 7.15%
Base Sales Tax
5.5%
State Min Wage
$14.15 / hr
Abbreviation
ME
Maine Business

This calculator uses the latest 2026 data for Maine, including the minimum wage of $14.15/hr and the specific state income tax rates (5.8% - 7.15%).

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State Tax Rate5.8% - 7.15%
πŸ“ŠState Details
State Income Tax
5.8% - 7.15%
Base Sales Tax
5.5%
State Min Wage
$14.15/hr
Abbreviation
ME
Net Income
$54,097.50
after taxes in Maine
Gross Income
$75,000.00
Total Tax
$20,902.50
πŸ“ˆKey Metrics
Net Income
$54,097.50
after taxes
State Tax
$4,402.50
state income tax
Effective Tax Rate
27.9%
total tax burden
ℹ️Summary
Gross Income$75,000.00
Federal Tax$16,500.00
State Tax$4,402.50
Net Income$54,097.50
❓Frequently Asked Questions

What is the corporate tax rate in Maine?

Corporate tax structures vary. In addition to potential corporate income taxes, businesses in Maine must also consider unemployment insurance taxes, sales tax collection (5.5%), and local business licenses.

Do LLCs pay tax in Maine?

LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 5.8% - 7.15% rate. However, Maine may also impose an annual LLC franchise fee.