Maine Business Tax Calculator
Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in Maine.
Why calculating business in Maine 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 Interactive Tool
This calculator uses the latest 2026 data for Maine, including the minimum wage of $14.15 and the specific state income tax rates (5.8% - 7.15%).
Frequently Asked Questions about Maine Business
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.