Delaware does not have a sales tax because it wants to attract retail tenants to its shopping centers to lure consumers from surrounding states and grow the overall economy to improve its tax base. Consumers from other states travel to Delaware to make purchases, which results in a larger retail sector and overall economy for Delaware.
A sales tax is also a regressive tax which disproportionately taxes poor people, which is not good economic policy.
Delaware has more entities formed there than people. Those corporations, even if not located in Delaware, must pay a fee to Delaware every year and at the time of formation. When stock is lost in companies formed in Delaware, the value of that stock escheats to Delaware. In total, the incorporation industry in Delaware accounts for about 40% of the state's tax revenue. This allows it to fund its budget without a sales tax.
Delaware also has a very short stretch of interstate highways which charge very large tolls per mile. These tolls fund much of the state's highway budget and most of the money comes from drivers out of state, just passing through.
Delaware also has a "gross receipts tax" which is a "back-door sales tax" charged to the business of 1-2% of their total income.
No, Delaware is a no-sales taxation state. Their budget is funded well enough by businesses which incorporate and pay incorporation fees and taxes to the state that a Sales Tax is not considered necessary.
No.
No
No you do not charge sales tax on irrigation.
Do you charge sales tax on labor in Oklahoma
According to Wikipedia, the following states do not charge sales tax at this time: Alaska Delaware Montana New Hampshire Oregon Taxes are added or eliminated frequently, so this information could change at any time.
3.75%
3.75%
No, you do not pay sales tax on labor. Sales tax is for materials.
do we need to charge sales tax on labor in nashville tennessee
In Minneapolis, Minnesota there is a 0.5% sales tax. But there is NO sales tax in Delaware http://revenue.delaware.gov/services/Business_Tax/Step4.shtml
The sales tax value is $25.20