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  2. Delaware General Corporation Law - Wikipedia

    en.wikipedia.org/wiki/Delaware_General...

    The Delaware General Corporation Law (Title 8, Chapter 1 of the Delaware Code) is the statute of the Delaware Code that governs corporate law in the U.S. state of Delaware. [ 1] The statute was adopted in 1899. Since then, Delaware has become the most prevalent jurisdiction in United States corporate law and has been described as the de facto ...

  3. Delaware - Wikipedia

    en.wikipedia.org/wiki/Delaware

    The state does, however, impose a tax on the gross receipts of most businesses. Business and occupational license tax rates range from 0.096% to 1.92%, depending on the category of business activity. Delaware does not assess a state-level tax on real or personal property.

  4. Economy of Delaware - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Delaware

    Franchise taxes on Delaware corporations supply about one-fifth of its state revenue. [23] Although "USA (Delaware)" ranked as the world's most opaque jurisdiction on the Tax Justice Network's 2009 Financial Secrecy Index, [24] the same group's 2011 Index ranks the USA fifth and does not specify Delaware. [25] In Delaware, there are more than a ...

  5. Delaware Court of Chancery - Wikipedia

    en.wikipedia.org/wiki/Delaware_Court_of_Chancery

    The Delaware Court of Chancery is a court of equity in the U.S. state of Delaware. It is one of Delaware's three constitutional courts, along with the Supreme Court and Superior Court. Since 2018, the court consists of seven judges. The court is known for being a hub for corporate governance litigation in the United States, as two-thirds of ...

  6. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    Corporate tax is imposed in the United States at the federal, most state, and some local levels on the income of entities treated for tax purposes as corporations. Since January 1, 2018, the nominal federal corporate tax rate in the United States of America is a flat 21% following the passage of the Tax Cuts and Jobs Act of 2017.

  7. List of Delaware companies - Wikipedia

    en.wikipedia.org/wiki/List_of_Delaware_companies

    Delaware's economy shifted to a manufacturing base in the late 19th century, led by the transformation of the DuPont Company. [1] Modern growth in the financial workforce has overtaken the manufacturing sector in the state's economy. The Delaware General Corporation Law provides a flexible and stable framework for national incorporation. [2]

  8. Elon Musk wants to take away Delaware’s incorporation ... - AOL

    www.aol.com/finance/elon-musk-wants-away...

    The state added 58,000 new corporations in 2022, the most recent year for which information was available from Delaware. That was down 6% from 2021, although still up 41% since 2017.

  9. Delaware statutory trust - Wikipedia

    en.wikipedia.org/wiki/Delaware_statutory_trust

    DSTs can be structured as a pass through entity, so that any income will go straight to each individual trustee's Form 1040 and state's tax returns, thus avoiding income tax at the entity level. [2] [11] [12] Features of a Delaware statutory trust are very attractive to many business entities. These features include: [7] [13]

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