Shrinking the Delaware Tax Loophole: Other U.S. States to Incorporate Your Business
inDinero Tax Tips
APRIL 20, 2021
A franchise tax is a charge by states on corporations to conduct business in their state. Currently, Alabama, Arkansas, Delaware, Georgia, Illinois, Louisiana, Missouri, New York, North Carolina, and Oklahoma have a franchise tax. The amount of franchise tax and how each state calculates the tax varies.
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