How Does Delaware Have No Taxes. The state has no value-added taxes VATs it does not tax business transactions and it does not have use inventory or unitary tax. Delaware Estate Tax.
Delawares maximum marginal income tax rate is the 1st highest in the United States ranking directly below Delawares. Unlike the Federal Income Tax Delawares state income tax does not provide couples filing jointly with expanded income tax brackets. Full time student in Delaware earned 2788 at school - she was a NY resident from Jan 1 - aug 10th and then moved to FL.
In addition to the federal income tax withholding form W4 each employee needs to fill out a W4 form for their Delaware State income tax withholding.
The state has a progressive income tax. Delaware does not have a specific income tax rate for municipal bonds. It is one of just four states with no sales tax at the state or local level. Delawares maximum marginal income tax rate is the 1st highest in the United States ranking directly below Delawares.
