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Delaware Tax Loophole

By Allison Aubrey
Published June 11, 2003 at 9:00 PM PDT

For decades, Delaware has been a tax haven for businesses. Many firms pay next to nothing in state taxes simply by registering key subsidiaries there. But now the system is under attack by states facing budget deficits. NPR's Allison Aubrey reports.

Copyright 2003 NPR
Allison Aubrey
Allison Aubrey is a correspondent for NPR News, where her stories can be heard on Morning Edition and All Things Considered. She's also a contributor to the PBS NewsHour and is one of the hosts of NPR's Life Kit.
See stories by Allison Aubrey