Len Togman Interviewed on Delaware Tax Law

Potter Anderson & Corroon partner Len Togman was interviewed by The News Journal regarding Delaware's recent passage of an increase in business taxes. The increase applies to the annual franchise tax, taxes paid by some corporations, and taxes paid by partnerships, limited partnerships and limited liability companies to register in Delaware.  Togman, chairman of the Delaware State Chamber of Commerce's tax committee, commented that the increase is unlikely to prevent anyone from forming a corporation in Delaware.  The change is expected to increase state revenues by $48 million a year.