Delaware Business Corporate Tax, Delaware Personal Income Tax, Delaware Sales Tax Rates
What is the Delaware Corporate net income tax rate(s)?
Banks have a graduated cheaper rate for income over 20 million down to 2.7%.
There is a gross receipt tax of .104 – 2.7% on income over about $200,000 each quarter.
There is a franchise tax upon the authorized shares or gross assets. Usually about $100 unless you have a ton of shares and assets.
What is the Delaware personal net income tax rate(s)?
There are also a lot of local income taxes with a average rate of .16%
What is the average Delaware sales tax rate(s)?
There is none.
Are there standard deductions?
Are there personal exemptions?
What forms do you file for your Delaware taxes?
C corporations: Form 1100
S corporations: Form DE 1100S, A1
Partnerships: Form 300
Individual: Form 200-01 and 200-02 for non resident
Estimated tax payments?
Form 200ES for personal, 1100T for Corps, and 1100P for S corps. Delaware follows the IRS standards for estimated payments. If you will owe $400 or more in tax for the current year, you are required to make 90% of the tax due, over quarterly payments. It has to be at least 100% of the previous year, even if you think you won't make as much in the current year.
Delaware Department of Revenue:
| Delaware Department of Revenue
Carvel State Office Building
820 North French Street
Wilmington, DE 19801
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Wilmington, DE 19803
New Castle County