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Lawmakers in Texas, Oklahoma and Nevada have recently approved changes aimed at helping their states dip into the lucrative ...
Delaware is a popular state for corporations because it offers business-friendly laws, a specialized court for corporate cases and tax advantages for companies operating outside the state. For ...
For example, Delaware corporations don’t have to pay state income tax on earnings outside the state. Instead, they pay an annual franchise fee ranging from $175 to $200,000.
Approximately one-third of Delaware’s state government revenue — about $2.2 billion — comes from corporate license fees and associated tax revenues, according to the governor’s office.
Jeff Jacobs is Head of M&A and COO of Investment Banking at Solomon Partners, a leading investment advisory firm founded in 1989. Delaware has been the favored home of corporate America for ...
Delaware’s grip on corporations seemed solid. Elon Musk led a revolt. The state built its identity — and its budget — on being home to the world’s largest companies.
All companies incorporated in Delaware are subject to a corporate franchise tax, the state’s second largest source of revenue. Currently, the tax can be as much as $180,000 per individual company.
Delaware is a popular state for corporations because it offers business-friendly laws, a specialized court for corporate cases and tax advantages for companies operating outside the state.
Delaware is a popular state for corporations because it offers business-friendly laws, a specialized court for corporate ...