Vermont Business Tax Calculator
Calculate corporate income tax, franchise tax, and gross receipts tax for businesses operating in Vermont.
Why calculating business in Vermont is different
Vermont has a progressive income tax system.
State Income Tax
3.35% - 8.75%
Base Sales Tax
6%
State Min Wage
$13.18 / hr
Abbreviation
VT
Vermont Business Interactive Tool
This calculator uses the latest 2026 data for Vermont, including the minimum wage of $13.18 and the specific state income tax rates (3.35% - 8.75%).
Frequently Asked Questions about Vermont Business
What is the corporate tax rate in Vermont?
Corporate tax structures vary. In addition to potential corporate income taxes, businesses in Vermont must also consider unemployment insurance taxes, sales tax collection (6%), and local business licenses.
Do LLCs pay tax in Vermont?
LLCs are typically pass-through entities, meaning profits pass through to the owners' personal tax returns and are taxed at the personal 3.35% - 8.75% rate. However, Vermont may also impose an annual LLC franchise fee.