Delaware § 1621 Taxation of pass-through entities; in general

Delaware Statutes

§ 1621 — Taxation of pass-through entities; in general

Delaware § 1621

JurisdictionDelaware

Title30

PartIncome, Inheritance and Estate Taxes

Ch. 16PASS-THROUGH ENTITIES, ESTATES AND TRUSTS

Subch.Taxation of Pass-Through Entities and Their Members

This text of Delaware § 1621 (Taxation of pass-through entities; in general) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Del. Code tit. 30, § 1621 (2026).

Text

(a)Income tax. —A pass-through entity as such shall not be subject to the income tax imposed by Chapter 11 or Chapter 19 of this title. Members of a pass-through entity shall be liable for the tax imposed by Chapter 11 or Chapter 19 of this title only in their separate or individual capacities.

(b)Incidence of business license and excise taxes. —The incidence of the taxes imposed by Parts III through VI of this title and by Title 4 with respect to the activities of a pass-through entity engaged in business in this State shall fall upon the pass-through entity and not its members.

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(a)Income tax. —A pass-through entity as such shall not be subject to the income tax imposed by Chapter 11 or Chapter 19 of this title. Members of a pass-through entity shall be liable for the tax imposed by Chapter 11 or Chapter 19 of this title only in their separate or individual capacities.

(b)Incidence of business license and excise taxes. —The incidence of the taxes imposed by Parts III through VI of this title and by Title 4 with respect to the activities of a pass-through entity engaged in business in this State shall fall upon the pass-through entity and not its members.