Delaware § 6407 Taxes of other states

Delaware Statutes

§ 6407 — Taxes of other states

Delaware § 6407

Title30

PartMiscellaneous Taxes

Ch. 64HEADQUARTERS MANAGEMENT CORPORATIONS

This text of Delaware § 6407 (Taxes of other states) 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, § 6407 (2026).

Text

(a)A Headquarters Management Corporation shall be credited with the amount of any income tax paid under this chapter on income upon which income tax (or tax computed upon or by reference to income) was also paid with respect to the taxable year to any other state of the United States or the District of Columbia.

(b)The credit provided by this section shall be allowed only if the taxpayer establishes to the satisfaction of the Secretary:

(1)The total amount of income derived from sources without this State,

(2)The amount of income derived from each state,

(3)The amount and nature of the tax paid to each state, and

(4)All other information necessary for the verification and computation of such credit.

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(a) A Headquarters Management Corporation shall be credited with the amount of any income tax paid under this chapter on income upon which income tax (or tax computed upon or by reference to income) was also paid with respect to the taxable year to any other state of the United States or the District of Columbia.

(b) The credit provided by this section shall be allowed only if the taxpayer establishes to the satisfaction of the Secretary:

(1) The total amount of income derived from sources without this State,

(2) The amount of income derived from each state,

(3) The amount and nature of the tax paid to each state, and

(4) All other information necessary for the verification and computation of such credit.