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Nevada vs. Delaware: A Comparison

      Delaware is the state that was formerly and traditionally recognized as conducive to corporations. My, how things have changed!! The following chart speaks for itself.

  Delaware Nevada
State Corporate Tax Yes No
State Personal Income Tax Yes No
Franchise Tax Yes No
Requirement to Report Number of Shares Issued and Outstanding Yes No
State Shares Tax Information with the I.R.S. Yes No
Requirement to Report Places of Business Outside State of Incorporation Yes No
Requirement to Report Dates and Times of Annual Stockholders and Directors Meetings Yes No

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