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What happens if you don't pay Delaware Franchise Tax?

Failure to pay the Delaware Franchise Tax and file the Annual Report for two consecutive years can result in the State of Delaware automatically dissolving the corporation.

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Check your EIN confirmation letter (CP 575) first. If that is gone, look at a previously filed tax return, a business bank account application, or any 1099 you have issued. Your bank or your payroll provider will also have it on file.

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