§ 6303. Imposition of tax; “capital base” defined.
§ 6303. Imposition of tax; “capital base” defined. (a) The tax payable by an affiliated finance company shall be in accordance with the following table: If the capital base is: The annual license fee shall be: $0 to $99,999,999.99 $10,000 $100,000,000 to $224,999,999.99 $15,000 $225,000,000 to $749,999,999.99 $25,000 Over $750,000,000 $50,000 (b) The “capital base” […]
§ 6304. Payment of tax.
§ 6304. Payment of tax. The tax imposed by § 6303 of this title shall be due and payable in a single installment on or before April 30 of the calendar year with respect to which the license is issued or as soon thereafter as the corporation shall commence operations as an affiliated finance company […]
§ 6305. Exemption from occupational license taxes.
§ 6305. Exemption from occupational license taxes. Notwithstanding this title, all affiliated finance companies being taxed in accordance with this chapter shall be exempt from any occupational license taxes imposed by Part III of this title. 63 Del. Laws, c. 2, § 23;
§ 6401. Definitions.
§ 6401. Definitions. As used in this chapter and in §§ 2061 through 2063 of this title: (1) “Affiliated group” has the meaning provided by § 1504 of the Internal Revenue Code [26 U.S.C. § 1504], but including for this purpose: a. Foreign corporations that would otherwise not be includible corporations; and b. Partnerships, as […]
§ 6402. Imposition of income tax on Headquarters Management Corporations.
§ 6402. Imposition of income tax on Headquarters Management Corporations. Every Headquarters Management Corporation shall annually pay a tax in lieu of the taxes imposed under Chapter 19 of this title equal to the greater of: (1) Eight and seven tenths percent of its Headquarters Management Corporation taxable income; or (2) Five thousand dollars. 74 […]