Get DE WCWT-5 - Wilmington 2014

1.25% Residents of Wilmington pay a flat city income tax of 1.25% on earned income, in addition to the Delaware income tax and the Federal income tax. Nonresidents who work in Wilmington also pay a local income tax of 1.25%, the same as the local income tax paid by residents.

Wilmington, Delaware Sales Tax Rate The combined sales tax rate for Wilmington, DE is 0%. This is the total of state, county and city sales tax rates. The Delaware state sales tax rate is currently 0%. The New Castle County sales tax rate is 0%.

The Delaware (DE) state sales tax rate is currently 0%. Delaware does impose a gross receipts tax on the seller of goods (tangible or otherwise) or provider of services in the state. Delaware was listed in Kiplinger's 2011 10 tax-friendly states for retirees.

No State Taxes Additionally, there is no state corporate income tax on goods and services provided by Delaware corporations operating outside of Delaware. ... Delaware also does not have any personal property tax. There is sometimes a county-level real estate property tax, but that tax is very low compared to other states.

Though Delaware doesn't have sales tax, there is a 4.25% Document Fee on cars when you register them for the first time.

The tax rate, currently 3.8809 percent for Philadelphia residents and 3.4567 percent for nonresidents who work in the city, gets reduced a little bit every year.

All paychecks issued by businesses with a pay date after June 30, 2018 must have Philadelphia City Wage Tax withheld at the new rates. Likewise, the City has lowered its Earnings Tax rate starting to July 1, 2018. The new Earnings Tax rates are 3.8809% (.038809) for residents and 3.4567% (.034567) for non-residents.

Out-of-state employers are not required to withhold Philadelphia's Wage Tax if they don't have a physical location within Pennsylvania or aren't subject to the Business Income and Receipts Tax. When no Wage Tax is withheld, Philadelphia residents must file and pay the Earnings Tax themselves.

The City Wage Tax is a tax on salaries, wages, commissions, and other compensation. The tax applies to payments that a person receives from an employer in return for work or services. ... Non-residents who work in Philadelphia must also pay the Wage Tax.

Yes, you claim a credit for taxes paid to Philadelphia on your NJ return. However, you should have a W2 showing NJ taxes withheld. NJ and PA have reciprocity, so residents only pay state tax to their home state. Cities aren't covered by reciprocity, which is why Philadelphia was withheld.

Delaware has a graduated tax rate ranging from 2.2% to 5.55% on income under $60,000. The maximum income tax rate is 6.60% on income of $60,000 or over.

No State Taxes There is no sales tax in Delaware. ... Additionally, there is no state corporate income tax on goods and services provided by Delaware corporations operating outside of Delaware. The state does not have a corporate tax on interest or other investment income that a Delaware holding company earns.

Advantages of retiring in Delaware include the relatively low state income tax, property tax benefits, wealth of things to do and ease of travel to exciting nearby destinations.

Delaware doesn't tax intangible assets, and this encourages companies to move parts of their business to Delaware to avoid taxes in other states. ... If Delaware is a tax haven for public companies who want to avoid paying state income tax, it's because other states allow it to be so.

Delaware Income Tax. The state of Delaware collects income taxes based on seven tax brackets, with rates ranging from 0% to 6.6%. Additionally, the city of Wilmington collects its own income tax, at a flat rate of 1.25%. For everyone who does not live or work in Wilmington, however, only the state tax is due.