Corporations are subject to specific corporate tax rates different from those for individuals.

True
False

True.

Explanation:
Corporations are subject to specific corporate tax rates that are different from the tax rates for individuals. The tax rates for corporations are usually based on the profits or income generated by the corporation. In many countries, there are different tax brackets or tiers that determine the applicable tax rate for corporations. These rates can vary depending on factors such as the size of the corporation, the industry it operates in, and the country or jurisdiction in which it is registered. On the other hand, individuals are generally subject to personal income tax rates that are based on their own personal income and other factors such as deductions and exemptions.