Taxation in Kansas

Updated on Sunday 19th August 2018

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Entrepreneurs from abroad can enjoy the relaxed tax structure in Kansas because there is no privilege or a franchise tax since 2010. However, if your business in Kansas failed to pay the taxes prior to 2010, you should know that the franchise tax will apply. We invite you to read a few details about the tax system in Kansas and understand what you need to pay in this state. Our company formation agents in USA are at your disposal with assistance if you would like to start a business in USA as a foreigner.

What is the corporate tax in Kansas?

The corporate income tax is applicable to the federal taxable income and it is set at 4% rate. If a surplus of $50,000 is registered in your company, a surtax of 3% is also applicable for your business.

How are S corporations taxed in Kansas?

Known as pass-through entities, S corporations are subject to a specific type of taxation, meaning that the federal income tax is applicable to each member of the company and their income in the firm. Please address your inquiries to our team of advisors for information about how S corporations are levied in Kansas.

What is the sales tax in Kansas?

The sales tax in Kansas is set at 6.2% and it is applicable for several goods and services for sale purposes. It is good to know that municipalities in Kansas can apply their own sales tax not exceeding 3%. We invite you to read the general guide to company incorporation in Kansas and find out information about how to open a company in this American state.

The income tax for individuals in Kansas

The income tax for individuals in Kansas varies on the personal incomes registered, as seen in the table below:
Taxable Income Tax Rate
Between 0$ and $ 15,000  3.1%
Between $15,000 and $30,000 5.25%
Over $30,000      5.70%

How are the capital gains taxed in Kansas?

The capital gains for companies in Kansas are levied in the same manner as for the regular incomes, meaning that the same income tax is applicable. Foreigners with businesses dealing with cigarettes and alcohol need to observe the taxes involved, among which the sales tax.

Please feel free to contact our team of company incorporation specialists in USA and find out information about how to open a company in USA and the taxes involved for each state, including Kansas.