SubChapter K Tax: From Deloitte's State Tax Matters: "Income/Franchise:
Delaware: New law requires nonresident withholding on gains from real estate
H.B. 349, signed by gov. 6/11/20. Effective for tax periods commencing after December 31, 2010, new law requires nonresident persons (corporations, individuals, or pass-through entities) that sell real estate owned in Delaware to declare and pay their estimate of the associated corporate/individual income tax due on the gain recognized from the sale before the new deed is recorded."
Sunday, June 27, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment