Vermont: corporate income tax, a franchise (privilege) tax and an annual report due every two years.
Each fact below cites the agency page we read and the day we read it. Where a rule is still being confirmed, the page says so instead of showing a zero.
Verified facts
Corporate income tax
Yes
Graduated: 6.00% on the first $10,000; $600 + 7.00% of the amount over $10,000 to $25,000; $1,650 + 8.50% of the amount over $25,000
Franchise or privilege
Yes
Vermont's Bank Franchise Tax is paid by banks and other financial institutions with Vermont deposits, computed monthly on average monthly deposits for the previous 12 months, and is imposed 'instead of corporate income tax' (32 V.S.A. § 5836). General corporations pay the corporate income tax and…
Entity annual report
Yes
annual for profit corporations and LLCs (biennial for nonprofits) · Profit corporations must renew by filing an annual report within the first two and a half months following the fiscal year end on record (March 15 for a December 31 fiscal year end). LLC/PLC/L3C: within three months after fiscal year end. LLP and mutual benefit enterprises: between January 1 and April 1 regardless of…
Return due date
Published rule
Form CO-411 is due on the date prescribed for filing under the Internal Revenue Code.
Extension
Not verified
The department's 2026 due-date table separately lists 10/15/2026 as the 'extended due date' for CO-411, which is shorter than 30 days after the federal extended date; the written rule on the same page is 'until 30 days beyond the federal extension date'.
Not verifiedZero activity / minimum tax
100
Long-form guide in professional review
Dates, extensions and payments
Filing and payment dates stay separate wherever the source supports it.
- Filing
Return filing
Form CO-411 is due on the date prescribed for filing under the Internal Revenue Code.
Because the due date follows the federal return, fiscal-year corporations use the federal due date for their fiscal year (15th day of the 4th month after fiscal year end for a…
- Entity report
Entity report
annual for profit corporations and LLCs (biennial for nonprofits)Profit corporations must renew by filing an annual report within the first two and a half months following the fiscal year end on record (March 15 for a December 31 fiscal year end). LLC/PLC/L3C: within three months after fiscal year end. LLP and mutual benefit enterprises: between January 1 and April 1 regardless of…
Email me the Vermont guide
We send you this page with its sources, and we tell you if a date changes.
Frequently asked questions
Does Vermont impose a corporate income tax?
Yes. Graduated: 6.00% on the first $10,000; $600 + 7.00% of the amount over $10,000 to $25,000; $1,650 + 8.50% of the amount over $25,000 Form: CO-411, Vermont Corporate Income Tax Return.
Does Vermont charge a franchise or privilege tax?
Yes. Check the fact chip and the linked official source before budgeting for it.
When is the Vermont corporate return due?
Form CO-411 is due on the date prescribed for filing under the Internal Revenue Code.
Does an extension also postpone the tax payment?
No. The extension moves the filing date, not the payment date; unpaid tax can accrue penalty and interest.
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