Why does'nt Deleware have any sales tax?

Question

and by the way do u have a website i could go to to find out thnkx^_^

Answer 1

Delaware imposes two general taxes on businesses:

1. Taxes based on income: Corporate Income Tax

Delaware's corporate income tax is based on federal taxable income that is apportioned based on a ratio of property, wages and sales in Delaware to total property, wages and sales everywhere. Sales of goods physically delivered in Delaware are included in the numerator of the sales factor.

2. Taxes based on sales of goods or services: Gross Receipts Tax

Sales of goods are subject to Delaware gross receipts taxes as a wholesale sale - where the goods are re-sold - or as a retail sale - where the goods are consumed by the purchaser. Wholesale sales are based on destinations within Delaware (same basis as corporate income tax) and retail sales are based on the passage of title within Delaware.

Income received from the sale of services - accounting/bookkeeping, auto repairs, counselors, doctor's office, entertainers, health clubs, trash removal and many more - is also a taxable gross receipt.

The only "sales tax" they don't have is internet related, but that may change in the future.

Answer 2

Because it's the "Home of tax free shopping". Also, the state of DE makes most of its taxable revenue from corporations which have incorporated within the state. Combined with other state taxes such as fuel, income and property taxes, the State can afford not to collect sales tax on certain items. Try DE state's department of commerce for addtional answers.

Answer 3

Because the state voted not to have it. Alaska, Montana, New Hampsire and Oregon don't either. Although Alaska has local sales tax and Whitefish, MT has a city sales tax.

And the apostrophe goes between the "n" and the "t" in "doesn't."

Answer 4

Why is the apostrophe after the s instead of the n?