Delaware successfully sold $255 million in general obligation bonds in a competitive bond sale on Wednesday. Of the amount sold, $32.5 million represents a refinancing at lower interest rates, saving taxpayers more than $7.8 million in total debt service over the next 12 years.
Delaware’s Division of Revenue began processing 2021 individual income tax returns on January 31, 2022. Delaware’s filing season, often opened in tandem with the IRS, was delayed this year due to programming required in include newly signed legislation that exempts Unemployment Insurance payments from Delaware Income Tax in 2021. Taxpayers may still file in advance […]
Fifth annual report highlights State’s continuous improvement accomplishments WILMINGTON, Del. – Governor John Carney released the fifth annual report of the Government Efficiency and Accountability Review (GEAR) Board. Governor Carney established GEAR by Executive Order in February 2017 in order to identify ways for state government to operate more efficiently, improve the delivery of state services, […]
FOR IMMEDIATE RELEASE REVENUE ANNOUNCES NEW HSCA RATE EFFECTIVE JANUARY 2022 Statewide, DE (December 3, 2021) – Division of Revenue Director Jennifer Noel today announced that businesses subject to the Hazardous Substance Cleanup Act (HSCA) will see an increase in last year’s rate from 0.9067% to 1.675%. The new tax rate will go into […]
Department of Finance | Date Posted: Monday, September 13, 2021
New, Sensible Approach Uses Technology to Identify Unclaimed Property Owners Based on Recent Tax Filings The State’s MONEY MATCH program automatically returns lost money to Delaware taxpayers without the usual need to file a claim or gather paperwork, Delaware State Escheator, Brenda Mayrack announced today. This is the second time Delaware has completed the Money […]