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Delaware
By the Numbers

Delaware Below is a snapshot of key features of Delaware tax system. (Scroll Down)
State & Local Revenue (FY10)
  • General Revenue, Own-Source (GROS): $6.4 billion
  • General Revenue as a Share of Income: 15.1%
  • Tax Revenue: $5.0 billion
  • Tax Revenue as Share of income: 11.9%
  • Personal Income Tax (Share of Tax Revenue): 22.0% (27 out of 51)
  • Corporate Income Tax (Share of Tax Revenue): 6.5 % ( 4 out of 51)
  • Sales & Excise Tax (Share of Tax Revenue): 27.0 % ( 40 out of 51)
  • Property Tax (Share of Tax Revenue): 37.0 % ( 18 out of 51)
  • Other Taxes (Share of Tax Revenue): 7.0 % (16 out of 51)
Personal Income Tax Features (2012)
  • Range of Tax Rates: 0% - 6.95%
  • Standard Deduction: $3,250 ($6,500 for Married Couples)
  • Personal Exemption: Per Filer Credit=$110
  • Dependent Exemption: Per Dependent Credit=$110
  • Earned Income Tax Credit (EITC): 20% Refundable
  • Personal exemption is available as a credit
  • Top rate is 6.95% in 2011 and 6.75% 2012 through 2014
Corporate Income Tax Features (2012)
  • Range of Tax Rates: 8.70%
  • Income Level at Which Top Rate Applies: All
  • Combined Reporting: No
  • Apportionment Factor (Payroll): 33%
  • Apportionment Factor (Property): 33%
  • Apportionment Factor (Sales): 33%
Sales Tax Features (2012)
  • State Sales Tax Rate: N/A
  • Average Local Sales Tax Rate: N/A
  • Average Combined State & Local Sales Tax Rate: N/A
  • State Sales Tax Treatment of Groceries: N/A
  • Local Sales Tax Treatment of Groceries: N/A
  • Number of Services Taxed: 143 out of 168 surveyed (2007)
  • Streamlined Sales Tax Membership: No
  • Levies Gross Receipts Tax in lieu of sales tax (rate varies between business activities)
Property Tax Features (2012)
  • No property tax relief mechanism available for non-elderly homeowners or renters.
  • Infrequent assessments. Property underassessed and non-uniformly assessed
Other Tax & Revenue Features (2012)
  • Gasoline Tax Rate (per gallon): $0.23
  • Diesel Tax Rate (per gallon): $0.22
  • Cigarette Tax Rate (per pack): $1.60
  • Estate or Inheritance Tax: No
  • Net Lottery Sales Per Capita: $157 (2010)
Tax Policy Oversight
  • Tax Expenditure Report: Yes
  • Tax Incidence Analysis Capability: Personal income tax only

Last Updated October 4, 2012

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