Form Co-411 - Corporate Income Tax Return - 2002 Page 2
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TAX COMPUTATION SCHEDULE (with beginning period January 1, 1997 and thereafter)
IF VERMONT NET INCOME IS
TAX IS
$10,000 or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.0% (minimum tax is $250.00).
$10,001 to $25,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $700 plus 8.10% of excess over $10,000.
$25,001 to $250,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,915 plus 9.20% of excess over $25,000.
$250,001 and over . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $22,615 plus 9.75% of excess over $250,000.
Send return to:
Make check payable to:
Vermont Department of Taxes
Return is due on the 15th day of the 3rd month following the year end, unless extended.
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Signature of Officer or Agen
Sign
Here
c
c
Yes
No
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Preparer’s
Paid
signature
Preparer’s
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Firm’s name (or yours
Use Only
if self-employed) and
address
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Form CO-411
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