Circular No. A-76 -- Revised
APPENDIX 4
Tax Tables
The estimated Federal income tax rates, presented for use in comparisons of commercial and in-house cost estimates, are derived from the Department of the Treasury's Internal Revenue Service 1988 Corporation Source Book of Statistics of Income, Publication 1053. The formula for estimating the tax rates is based upon total income before credits divided by the business receipts for each unique industry.
These tax rates will be updated periodically.
Tax Rate Table*
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Code No. Industry Tax Rate
(Percent)
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Extractive Industries
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10-01-0400 Agriculture Production 0.8
10-01-0600 Agricultural Services 0.5
20-02-1010 Mining Iron Ores 3.8
20-02-1070 Mining Copper, Lead, Zinc, Gold and Silver Ores 8.3
20-02-1098 Mining other Metals 0.6
20-03-1150 Coal Mining 1.1
20-05-1430 Sand, Gravel, Dimension, Crushed and Broken Stone 2.2
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Construction
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30-06-1510 General building (construction) 0.4
30-06-1531 Operative builders (construction) 0.8
30-07-1600 Heavy construction 0.8
30-08-1711 Plumbing, heating, air conditioning 0.4
30-08-1731 Electrical work 0.5
30-08-1798 Other special trades 0.5
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Manufacturing
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40-09-2010 Meat products 0.5
40-09-2020 Dairy products 2.1
40-09-2030 Preserved fruits and vegetables 2.0
40-09-2040 Grain mill products 2.1
40-09-2050 Bakery products 1.1
40-09-2060 Sugar and confectionery products 1.9
40-09-2089 Bottled soft drinks and flavorings 2.1
40-09-2096 Other food and kindred products 0.9
40-12-2315 Men's and boy's clothing 1.5
40-12-2345 Women's and children's clothing 1.1
40-12-2388 Other apparel and accessories 0.5
40-12-2390 Other fabricated textile products 0.5
40-13-2415 Logging, sawmills and planing mills 2.1
40-13-2430 Millwork, plywood, related products 1.3
40-13-2498 Other wood products 0.5
40-14-2500 Furniture and fixtures 1.1
40-15-2625 Pulp, paper and board mills 2.8
40-15-2699 Other paper products 2.4
40-16-2710 Newspapers (printing and publishing) 3.7
40-16-2720 Periodicals (printing and publishing) 1.6
40-16-2735 Books, greeting cards and miscellaneous 3.9
publishing
40-16-2799 Commercial and other printing and printing trade 1.1
services
40-17-2815 Industrial chemicals, plastics materials and 3.3
synthetics
40-17-2830 Drugs 5.9
40-17-2840 Soap, cleaners and toilet goods 2.1
40-17-2850 Paints and allied products 1.5
40-17-2898 Agricultural and other chemical products 1.6
40-18-2998 Petroleum and coal products, not elsewhere 1.3
classified
40-19-3050 Rubber products; plastics, footwear, hose and 1.6
belting
40-19-3070 Miscellaneous plastics products 1.0
40-20-3140 Leather footwear 1.3
40-20-3198 Leather and leather products not elsewhere 0.8
classified
40-21-3225 Glass products 1.8
40-21-3240 Cement, hydraulic 0.8
40-21-3270 Concrete, gypsum and plaster products 1.4
40-21-3298 Other nonmetallic mineral products 2.3
40-22-3370 Ferrous metal industries; miscella neous primary 1.2
metal product
40-22-3380 Nonferrous metal industries 1.1
40-23-3410 Metal cans and shipping containers 1.9
40-23-3428 Cutlery, hand tools and hardware; screw machine 2.2
products, bolts and similar products
40-23-3430 Plumbing and heating, except electric and warm 2.0
air
40-23-3440 Fabricated structural metal products 1.0
40-23-3460 Metal forgings and stamping 1.0
40-23-3470 Casting, engraving and allied services 1.0
40-23-3480 Ordnance and accessories, except vehicles and 1.2
guided missiles
40-23-3490 Miscellaneous fabricated metal products 1.0
40-24-3520 Farm machinery 1.2
40-24-3530 Construction and related machinery 1.6
40-24-3540 Metal working machinery 1.1
40-24-3550 Special industry machinery 1.1
40-24-3570 Office and computing machines 5.2
40-24-3598 Other machinery, except electrical 1.7
40-25-3665 Radio, television, communication equipment 1.3
40-25-3670 Electronic components and accessories 2.4
40-25-3698 Other electrical equipment 2.2
40-26-3710 Motor vehicles and equipment 1.7
40-27-3725 Aircraft, guided missiles and parts 3.0
40-27-3730 Ship and boat building and repairing 0.8
40-27-3798 Other transportation equipment, except motor 1.3
vehicles
40-28-3815 Scientific instruments and measuring devices; 4.0
watches and clocks
40-28-3845 Optical, medical and ophthalmic goods 2.9
40-28-3860 Photographic equipment and supplies 2.5
40-29-3998 Miscellaneous manufacturing and manufacturing not 1.4
allocable
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Transportation And Utilities
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50-30-4000 Railroad transportation 2.5
50-30-4100 Local and interurban passenger transit 0.4
50-30-4200 Trucking and warehousing 0.6
50-30-4400 Water transportation 1.2
50-30-4500 Transportation by air 2.0
50-30-4600 Pipe lines, except natural gas 10.5
50-30-4700 Transportation services not else where classified 0.4
50-31-4825 Telephone, telegraph and other communication 3.1
services
50-31-4830 Radio and Television broadcasting 4.4
50-32-4910 Electric services 3.0
50-32-4920 Gas production and distribution 1.7
50-32-4930 Combination utility services 3.0
50-32-4990 Water supply and other sanitary services 2.7
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Wholesale Trade
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61-33-5004 Groceries and related products 0.3
61-34-5008 Machinery, equipment and supplies 0.6
61-35-5010 Motor vehicles and automotive equipment 0.6
61-35-5030 Lumber and construction materials 0.3
61-35-5050 Metals and minerals, except petroleum and scrap 0.7
61-35-5060 Electrical goods 0.5
61-35-5070 Hardware, plumbing and heating 0.5
61-35-5098 Other durable goods 0.5
61-35-5110 Paper and paper products 0.4
61-35-5129 Drugs, chemicals and allied products 0.5
61-35-5130 Apparel, piece goods and notions 0.6
61-35-5150 Farm-product raw materials 0.3
61-35-5170 Petroleum and petroleum products 0.3
61-35-5180 Alcoholic beverages 0.3
61-35-5190 Miscellaneous nondurable goods; wholesale trade 0.5
not allocable
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Retail Trade
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62-36-5220 Building materials dealers 0.4
62-36-5251 Hardware stores 0.4
62-36-5265 Garden supplies and mobile home dealers 0.4
62-37-5300 General merchandise stores 1.1
62-38-5400 Food stores 0.3
62-39-5541 Gasoline service stations 0.2
62-39-5598 Other automotive dealers 0.3
62-40-5600 Apparel and accessory stores 1.1
62-41-5700 Furniture and home furnishings stores 0.8
62-42-5800 Eating and drinking places 0.6
62-43-5912 Drug stores and proprietary stores 0.6
62-43-5921 Liquor stores 0.2
62-43-5995 Other retail stores 0.6
63-44-5997 Wholesale and retail trade not allocable 0.3
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Services
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80-52-7000 Hotels and other lodging places 1.0
80-53-7200 Personal services 0.8
80-54-7310 Advertising services 0.7
80-54-7389 Business services, except advertising 0.8
80-55-7500 Auto repair and services 0.7
80-55-7600 Miscellaneous repair services 0.4
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Services
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80-56-7812 Motion picture production, distribution and 1.8
services
80-56-7830 Motion picture theaters 1.1
80-56-7900 Amusement and recreation services, except motion 1.4
pictures
80-57-8015 Physicians' services 0.2
80-57-8021 Dentists' services 0.1
80-57-8050 Nursing and personal care facilities 0.2
80-57-8071 Medical Laboratories 1.2
80-57-8099 Other medical services 0.7
80-57-8111 Legal services 0.2
80-57-8200 Educational services 0.5
80-57-8980 Miscellaneous services, not elsewhere classified 0.5
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*Tax Rates are in relation to business receipts.
**Does not reflect revisions contained in the 1987 Standard
Classification Manual.
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