Small Business Reading Room

Thursday, May 05, 2011

Delaware Business Tax Cuts are proposed as part of Governor Markell's Plan

This is good for Delaware Businesses.

As part of his new three-part jobs plan called “Building Delaware’s Future Now,” delawareonline reports that Delaware Governor Jack Markell recommends the following:

An $8.5 million tax break for banks by using a new method for calculating franchise taxes, and;

An enhanced tax credit of up to $12,500 over 10 years for each new employee hired by banks if certain requirements are met.

The governor also is calling for reductions in gross receipts taxes and utility taxes to help businesses.

posted by Unknown at 1:56 PM - permalink 0 comments

Small Business Reading Room

Delaware Business Tax Cuts are proposed as part of Governor Markell's Plan

0 Comments: