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For TAX YEARS BEGINNING Revenue Delaware Form

For TAX YEARS BEGINNING Revenue Delaware Form

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Delaware is known for having a favorable tax environment for businesses including foreign-owned businesses here are some reasons why one no state tax on sales Delaware does not impose a state tax on sales which means that businesses don't have to pay taxes on goods or services sold two low Franchise Tax Delaware's franchise tax is relatively low ranging from $175 to $200 per year year depending on the type of business entity three no tax on foreign profits Delaware does not tax foreign profits making it an attractive location for foreign-owned businesses four no tax on dividends Delaware does not tax dividends paid to shareholders which can be beneficial for foreign owned businesses five flexible corporate laws Delaware has highly flexible corporate laws making it easy to establish and maintain m a business entity however it's important to note that while Delaware has a favorable tax environment it's not the only factor to consider when choosing a locati

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