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Do I still owe Delaware franchise tax if I dissolve partway through the year?

Closing a business

Yes, you owe it for the part of the year up to your dissolution date. Delaware will not accept your dissolution filing until your franchise tax is cleared, and you also submit a final franchise tax report to settle what is owed. Paying early helps, because unpaid balances add penalties and interest and can hold up the whole process.

Inkle handles the state and IRS filings that close a US company properly.

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