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Do DE Corporations Need to Pay Tax
by JennyLee, Window Shopper
- Created: October 21, 2011, 6:56 pm
Hello SBC Users,I am not a USA citizen and I do not live in USA. I would like to incorporate a Corporation in Delaware.Delaware mentions franchise tax in the tune of $250/year.My sellings are done online, my client base is not USA, however, I do use a payment processor in USA.Recently payment processor sent me a notice to fill up 1099K citing changes in Internal Revenue Code Section 6050W or they would forward 30% to IRS.My question is: If I incorporate in DE, would I need to pay any other taxes anywhere?(On a side note, I think USA should be happy with the commission paid to a USA company for clients that are not based in USA, instead of trying to tax the hell outta me)Thanks in advance for your time and have a nice day!Jenny

BizResearcher | Window Shopper | 10/25/2011 - 3:14 pm
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