Delaware Code (Titles 8, 9, 25, 30)
30 Del. C. § 1621
Taxation of pass-through entities; in general
Official textdelcode.delaware.gov
# (a)
Income tax. — A pass-through entity as such shall not be subject to the income tax imposed by Chapter 11 or Chapter 19 of this title. Members of a pass-through entity shall be liable for the tax imposed by Chapter 11 or Chapter 19 of this title only in their separate or individual capacities.
# (b)
Incidence of business license and excise taxes. — The incidence of the taxes imposed by Parts III through VI of this title and by Title 4 with respect to the activities of a pass-through entity engaged in business in this State shall fall upon the pass-through entity and not its members.
Amendment history
72 Del. Laws, c. 467, § 1
Source: view the official text
In this title (40 sections)
- 30-1301-1314 · Definitions; property included in gross estate —…
- 30-1321-1327 · Basis of computation of tax; definition of beneficiary’s…
- 30-1341-1346 · Inheritance tax returns; filing returns and payments —…
- 30-1351-1353 · Incorporation of certain personal income tax provisions…
- 30-1401-1409 · Definitions; imposition; computation of tax; rates;…
- 30-1501 · Definitions relating to this chapter [For application of this…
- 30-1502 · Tax on transfers of resident estates [For application of this…
- 30-1503 · Credit for taxes paid to another state; limitation [For…
- 30-1504 · Tax on transfers of nonresident estates [For application of…
- 30-1505 · Returns; time to file return and pay tax [For application of…
- 30-1506 · Collection and payment of tax out of estate; liability of the…
- 30-1507 · Assessment of tax; special lien for estate taxes [For…
- 30-1508 · Final settlement of executor’s or administrator’s accounts…
- 30-1509 · , 1510. Refund of taxes erroneously paid; procedure and…
- 30-1601 · Definitions
- 30-1602 · Taxable year
- 30-1603 · Accounting method
- 30-1604 · Adjustments
- 30-1605 · Returns
- 30-1606 · Withholding of income tax on sale or exchange of real estate…
- 30-1621 · Taxation of pass-through entities; in general
- 30-1622 · Character of items
- 30-1623 · Special rules for nonresident individual members and…
- 30-1624 · Special rules for certain tax credits of pass-through entities
- 30-1625 · Special rules for certain tax deductions for pass-through…
- 30-1631 · Imposition of tax
- 30-1632 · Computation and payment
- 30-1633 · Tax not applicable
- 30-1634 · Fiduciary adjustment
- 30-1635 · Taxable income of resident estate or resident trust
- 30-1636 · Nonresident beneficiary deduction for resident estates or…
- 30-1637 · Credit for income tax of another state
- 30-1638 · Accumulation distribution credit for resident beneficiary of…
- 30-1639 · Taxable income of a nonresident estate or nonresident trust
- 30-1640 · Share of a nonresident estate, nonresident trust or its…
- 30-1701 · Definitions
- 30-1702 · Election to invoke chapter
- 30-1703 · Compromise of death taxes due this State
- 30-1704 · Arbitration of domicile of decedent
- 30-1705 · Penalty and interest for nonpayment of tax