• Delaware to test blockchain-based business filing system

    4 monthes ago - By Computerworld

    More than half of all U.S. publicly-traded companies - and two-thirds of Fortune 500 firms - are incorporated in Delaware because of its business-friendly laws and well-established corporate legal precedence. The state, which doesn't have a sales tax, gets nearly one-third of its revenue from franchise taxes on more than a million corporate entities, accounting for $1.3 billion of its $4.2 billion general coffer. Making incorporating in the state more attractive is seen as a money maker and competitive advantage against other states. To that end, Delaware in October plans to launch a...
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