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Channel: Comments on: The Delaware Tax Loophole
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By: Lance@MoneyLife&More

It is definitely something to consider. When I worked in a CPA firm I did notice that a lot of businesses were incorporated there. I think a bowling alley I worked for in Virginia was incorporated...

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By: Tom Murin

Yes, of course. The irony in the question is that the act of incorporating is done for legal benefit! I’m not so sure about the tax benefits. The politicians should not be looking at DE with an eye...

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By: SteveDH

I think the jest of this article leans a little too far on the tax issues. Even though Delaware may not tax companies as much as other states in terms of incorporation, any company doing business in...

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By: qixx

It sure seems the only way state politicians tend to look at these things is when there is big news related to the tax laws. When biggest company in the state decides to leave then every politician has...

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By: Ceecee

It seems that one would be a chump if they did not consider Delaware as an option. Is there no other state that even comes close to being this business friendly?

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By: krantcents

I was always under the impression that the most important reason to incorporate in Delaware is the legal system. The Chancery courts are very favorable to business.

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By: Luke Landes (Flexo)

Nevada comes close.

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By: Mike Collins

My LLC was formed here in NJ but that was mostly out of convenience. I suppose it could make sense to investigate incorporating in Delaware. But as states continue to struggle with their budgets and...

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By: Jonas

Alaska is trying. And I concur on Nevada.

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By: Jenna, Adaptu Community Manager

Wow! I had no idea. Thanks for sharing. I’m not planning on incorporating a business anytime soon and if I were, I would probably just do it in my own home state. I’ve got nothing to hide.

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By: DonnaFreedman

I grew up in South Jersey, and it was common for people to travel to Delaware to purchase big-ticket items and avoid sales tax. It wasn’t very far, maybe a 45-minute trip. My dad worked at the Chrysler...

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By: wylerassociate

I would absolutely incorporate my business if I were a business owner. I was watching the wall street journal report on CNBC last week and the democratic governor of delaware was interviewed about his...

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