2010 TaxGrams™
TaxGrams logoMaine state seal
State and Local Taxes
Maine State Tax Summary

Maine state tax summary, including corporate and individual Maine income taxes, credits, exemptions, deductions and more. Includes Maine estate, gift and inheritance tax, miscellaneous Maine taxes, pass-through entity treatment, payroll taxes, property taxes and Maine sales & use taxes.

Maine ranks #34 on the State Business Tax Climate Index (TaxFoundation.org).

For more links, search, help, forms and more, click on the tabs below or go to:

    taxmOuth Maine Taxes

Maine Tax Contacts

Maine Tax FAQs

Maine Tax Forms

Maine Corporate Taxes

  • taxmOuth Maine Corporate Taxes
  • Maine Tax Rates & Brackets:

    3.5%> $0
    7.93%> $25,000
    8.33%> $75,000
    8.93%> $250,000
  • Loss Carry-back/fwd: 0 Years Back / 20 Years Forward (Unlimited)
  • Throwback Sales?: Y
  • Foreign Tax Deductible?: Y
  • Alternative Minimum Tax (AMT): Y
  • Gross Receipts Tax: N
  • Capital Stock (Net Worth) Tax?: N

Maine Tax Incentives and Credits

Maine Individual Income Taxes

  • taxmOuth Maine Individual Income Taxes
  • Maine tax rates and brackets:

    6.5%> $0
    6.85%> $250,000
  • Local Option IT Rate: None
  • Federal Inc used as Base?: Y
  • Standard Deductions: Single $5,450 / Joint $9,100
  • Personal Exemptions/Credits (c): Single $2,850 / Joint $5,700 / Dependent $2,850
  • Federal Tax Deductible?: N
  • State Tax Deductible?: Y
  • Alternative Minimum Tax (AMT)?: Y

Maine Estate, Gift and Inheritance Taxes

Maine Miscellaneous Taxes

  • taxmOuth Maine Miscellaneous Taxes
  • Gas Tax: 29.9 cents/gallon
  • Diesel Tax: 30.3 cents/gallon
  • Cigarette Tax: 200.0 cents/20 pack

Maine Pass-through Tax Treatment

Maine Payroll Taxes

Maine Property Taxes

  • taxmOuth Maine Property Taxes
  • Median Tax Paid on Homes (Rank): $1,897 (#20)
  • Median Value of Homes: $180,200
  • Tax as % of Home Value (Rank): 1.05% (#18)
  • Median Income of Homeowner: $57,118
  • Tax as % of Income (Rank): 3.32% (#17)

Maine Sales and Use Taxes

  • taxmOuth Maine Sales and Use Taxes
  • State Rate: 5.0%
  • County & City (Weighted Ave): None
  • Combined State and Ave. Local Rates (Rank): 5.00% (#43)
  • General Treatment of Services: Exempt
  • Gasoline: Exempt
  • Groceries: Exempt

« Back to State Tax Summary Home