Delaware – 2012 Business Tax Updates

Salt Report 1342 – The Delaware Division of Revenue has enacted legislation decreasing a number of gross receipts tax rates effective January 1, 2012:

  • The license fee for occupations requiring licenses has decreased to 0.4023%
  • The contractors’ license fee has decreased to 0.6537%
  • The manufacturers’ license fee is now 0.1886%
  • The wholesalers’ license fee is 0.4023%
  • The additional petroleum product wholesalers’ license fee has decreased to 0.2514% of taxable gross receipts from the sale of petroleum or petroleum products
  • The food processors wholesalers’ license fee has decreased to 0.2012%
  • The commercial feed dealer wholesalers’ license fee is now 0.1006%
  • The retailers’ license fee is 0.7543%
  • The transient retailers’ license fee has decreased to 0.7543%
  • The restaurant retailers’ license fee has decreased to 0.6537%
  • The farm machinery retailers’ license fee is now 0.1006%
  • The leasing use tax rate is 2.0114% of the rent paid on a lease of tangible personal property
  • The lessors’ license fee has decreased to 0.3017% of lease rental payments received
  • The grocery store retailers’ license fee is now 0.33%