April 18, 2022
![Corporate income tax revenues constituted 9% of total federal revenues in FY 2021, compared with over 50% from individual income tax revenues. Corporate income tax revenues last exceeded individual income tax revenues in 1943, during World War II. Corporate income tax revenues constituted 9% of total federal revenues in FY 2021, compared with over 50% from individual income tax revenues. Corporate income tax revenues last exceeded individual income tax revenues in 1943, during World War II.](https://www.taxpolicycenter.org/sites/default/files/fiscal-facts/ff_screenshot_4.18.2022_3.png)
Fact:
Corporate income tax revenues constituted 9% of total federal revenues in FY 2021, compared with over 50% from individual income tax revenues. Corporate income tax revenues last exceeded individual income tax revenues in 1943, during World War II.