Saturday, June 12, 2010

Delaware - Wikipedia, the free encyclopedia

Delaware - Wikipedia, the free encyclopedia: "Over 50% of US publicly traded corporations and 60% of the Fortune 500 companies are incorporated in Delaware;[24] the state's attractiveness as a corporate haven is largely because of its business-friendly corporation law. Franchise taxes on Delaware corporations supply about one-fifth of its state revenue.[25] Although Delaware is ranked first tax haven in the world by Tax Justice Network[26], it is not listed on the OECD's 2009 'Black List', despite objections of Luxembourg's and Switzerland's authorities.[27][citation needed]"

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