Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Delaware enacts law blocking federal tax refunds to save $400M, effective immediately until 2031.
Delaware has passed and signed into law House Bill 255, severing ties with two federal corporate tax provisions to protect an estimated $400 million in state revenue over three years.
The law blocks retroactive tax refunds for businesses, spreads future tax benefits over multiple years, and allows immediate deductions for asset purchases.
It takes effect immediately and will remain in place until 2031 unless changed by the legislature.
While critics warn it may harm business confidence, state officials say it preserves fiscal stability and Delaware’s appeal to corporations without significantly impacting residents or small businesses.
Delaware promulga una ley que bloquea los reembolsos de impuestos federales para ahorrar $400 millones, con efecto inmediato hasta 2031.