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More Than a Loophole: Delaware Sales Tax and Other Benefits of Incorporation in DE

inDinero Tax Tips

Other states that have a franchise tax include Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma. The Delaware franchise tax A franchise tax is a state charge on corporations to conduct business in their state. The amount of franchise tax and how each state calculates the tax varies.

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Shrinking the Delaware Tax Loophole: Other U.S. States to Incorporate Your Business

inDinero Tax Tips

Currently, Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma have a franchise tax. At the state level, an IRS Information Sharing Agreement includes: Audit results, Federal individual and business return information, and. The Delaware franchise tax. Employment tax information.