LLC Tax Increase Pending, Contact your Senator Today!

Date: April 03, 2014

Related Content: News State Delaware

Contact your Senator here

House Bill 265
was approved by the House in a 26-13 vote. HB 265 will raise the annual tax on Limited Liability Companies, Limited
Partnerships and General Partnerships from $250 to $300.  The minimum
annual Corporation Finance Tax would be increased from $75 to $175. 
Combined, the tax hikes would take an additional $51 million annually
from businesses. 

HB 265 now goes to the Senate for a vote, it’s important that you contact your Senator today and ask him/her to OPPOSE HB 265.

In the governor’s budget address he said this tax will not burden local
businesses. Your Senator need to hear that you will be impacted.

Related Content: News | State | Delaware

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