... no business in Delaware), the corporation must file an annual franchise tax report and payment of franchise tax on March 1 of the following year. For example, if a corporation has a franchise tax liability in 1981 of $5, 000, it pays its entire 1982 franchise tax on March 1, 1982. ... The corporate tax return is to be filed with the IRS Service Center designated in instructions appearing on the form itself.
|Title||:||The New York corporate handbook|
|Author||:||Raymond W. Merritt, New York State Bar Association|