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thankyou12

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thankyou12

Re: thankyou12 post# 75346

Wednesday, 04/19/2017 8:25:56 AM

Wednesday, April 19, 2017 8:25:56 AM

Post# of 108590
This is the franchise tax due to Delaware for 2016. They paid the 75k for 2015 and now they owe little less due to a credit. The Franchise tax is not an income tax. It is a tax assessed to companies who are filed in DE but do not do business in DE. It is calculated on assets by share par value or $350.00 for every 1 Million in assets, I believe. This is a very good indication IMO
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