Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
| State or Territory: | Delaware |
| Effected Jurisdiction: | Delaware |
Jurisdiction type: | State or Territory |
| Fiscal year ending In: | 2020 |
| Program name: | Bank Franchise Tax Job Creation Credit |
| Program purpose: | Job Creation/Retention |
| Statutory authority: | Delaware Code, Title 5, Chapter 11, §1105(h) & (i) |
| Abating jurisdiction(s): | State of Delaware |
| Applicable taxes: | Bank Franchise Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | (not specified) |
| Gross revenue loss: | $4,969,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $4,969,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://accounting.delaware.gov/reports-transparency/ |
