Re:Why do so many companies incorporate in Delaware?
by pwned1 on Sunday April 11, 2021 @11:20AM
(#26770894)
Delaware is generally no different than any other state. The state where you do your business activity is where you pay taxes, not necessarily the state where you formed your business entity.
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Re:Why do so many companies incorporate in Delaware?
by arjawn on Sunday April 11, 2021 @11:42AM
(#26771076)
Correct, this is an important note for international LLC owners as well as many folks think the "in-state" US tax laws apply, however, if you don't have a US physical presence you might only have an informational filing requirement (vs a US 1040NR tax filing requirement). I wrote a full thread on this here in case anyone is curious! https://twitter.com/arjmahadevan/status/1380556571395112960?...