Delaware – 2012 Business Tax Updates

• 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%

For Further Information:

Delaware Division of Revenue – 2011-12 Tax Season Updates