Delaware Intercorp Blog

Wednesday, February 25, 2015

USPS Proposed Pricing Strategy to Focus on Strong Package Growth



The U.S. Postal Service filed pricing proposal with the Postal Regulatory Commission (PRC) last January 26, 2015 in line with their ongoing strategy to focus on strong package growth.

 Some of the vital parts of the proposal includes an overall 3.4 percent price increase on the following:

  • No price increase in domestic Priority Mail Express and Priority Mail services and products.
  •  Priority Mail International will increase 6.8 percent, and pricing to Canada will be zoned.
  •   Priority Mail Express International will increase 6.7 percent with Flat Rate pricing available.
 Unlike other shipping companies, the Postal Service is not implementing new dimensional weight charges in its commitment to deliver the best value for customers.


  The PRC will review the prices before they become effective on April 26, 2015.

posted by daisy at 3:55 PM 0 Comments

Tuesday, February 17, 2015

State of Delaware Offices Closed Today - Tuesday, February 17, 2015

Due to the inclement weather, the State of Delaware offices will be closed Tuesday, February 17, 2015. This includes the Delaware Division of Corporations.

So what do you do about that important corporate document that had to be filed today?!?

Delaware Intercorp, Inc. can help you make your filing and receive Feb 17, 2015 as your filing date.

Just contact us to find out how.

posted by Russell Rozanski at 6:18 AM 0 Comments

Friday, February 13, 2015

DELAWARE INTERCORP OFFERS FICTITIOUS NAME REGISTRATION SERVICE



If you plan to operate your business under a name other than how it is legally registered, you will most likely need to file a DBA, also known as a Fictitious Name.  Circumstances vary , but this would typically occur in the jurisdiction where you plan to conduct business.  
If you need to register a Fictitious Name in Delaware, Delaware Intercorp’s experienced team is here to support you! We provide filing service in all three of Delaware’s counties for a low $75.00 fee per filing. Ordering for this service is a snap  through our website.

Have questions?  Contact me or any member of our Incorporation Staff by phone 888.324.1817, 302.266.9367 or email info@delawareintercorp.com.

posted by Kelly at 3:40 PM 0 Comments

Friday, February 06, 2015

The Delaware Corporate Legislation Tracker - February 6, 2015

Did you hear that Governor Markell signed new legislation this impacting Delaware Law?

The Delaware Corporate Legislation Tracker is a free service offered by our firm, designed to keep you informed on current and pending legislation related to Delaware Corporate rules, regulations, and Delaware business matters.

Here's the latest edition:


The following Legislation affecting Delaware Title 30 - State Taxes was acted upon by the Legislature on 1/29/2015:




SB 11 w SA/2
Title:  AN ACT TO AMEND TITLE 12 OF THE DELAWARE CODE RELATING TO ESCHEATS.

Synopsis:

This bill addresses various aspects regarding the administration of the abandoned or unclaimed property law of the State of Delaware and implements certain recommendations of the Task Force to Study and Make Findings and Recommendations to Improve Fairness and Compliance in Delaware’s Unclaimed Property Program established under the provisions of Delaware Senate Concurrent Resolution No. 59.
The bill limits the total number of audits anyone outside contract can be assigned and requires all contracts with such contract auditors to assure that they will not employ or compensate senior officials from the Department involved with their work for two years after such officials leave state employment.
The bill amends the administrative appeal process regarding the assessment of unremitted abandoned or unclaimed property to provide that the determination of the independent reviewer shall be binding on the Secretary of Finance unless properly appealed to the Delaware Court of Chancery.
The bill amends the statutory provision regarding the period of limitations to assess additional unclaimed property liability in connection with a filed annual unclaimed property report to provide that in the case of a filed report the State Escheator must make a specific finding of fraud before the State is entitled to an unlimited period of limitations with respect to assessment.
Section 2 directs the Secretary of Finance to prepare and promulgate a detailed manual containing procedural guidelines for the conduct of Delaware unclaimed property examinations and to update its regulations accordingly.

Bill History:



Jan 29, 2015 - Signed by Governor
Jan 29, 2015 - Passed by House of Representatives. Votes: Passed 38 YES 0 NO 0 NOT VOTING 3 ABSENT 0 VACANT
Jan 28, 2015 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 9 On Its Merits
Jan 27, 2015 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House
Jan 22, 2015 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jan 22, 2015 - Amendment SA 2 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jan 22, 2015 - Amendment SA 1 - Stricken
Jan 22, 2015 - Amendment SA 1 - Stricken
Jan 22, 2015 - Amendment SA 2 - Introduced in Senate
Jan 21, 2015 - Amendment SA 1 - Introduced and Placed With the Bill in Senate
Jan 21, 2015 - Reported Out of Committee (BANKING AND BUSINESS) in Senate with 1 Favorable, 3 On Its Merits
Jan 15, 2015 - Assigned to Banking and Business Committee in Senate








House Bill # 20
Title:  AN ACT TO AMEND TITLE 5 OF THE DELAWARE CODE RELATING TO THE PURCHASE BY A BANK OR TRUST COMPANY OF THE SHARES OF ITS OWN CAPITAL STOCK.

Synopsis:

This Act authorizes the State Bank Commissioner to approve the purchase by a bank or trust company of the shares of its own capital stock, subject to such terms and conditions, if any, as the Commissioner may require.

Bill History:


Jan 29, 2015 - Signed by Governor
Jan 29, 2015 - Passed by Senate. Votes: Passed 20 YES 0 NO 1 NOT VOTING 0 ABSENT 0 VACANT
Jan 21, 2015 - Reported Out of Committee (BANKING AND BUSINESS) in Senate with 1 Favorable, 3 On Its Merits
Jan 15, 2015 - Assigned to Banking and Business Committee in Senate
Jan 15, 2015 - Passed by House of Representatives. Votes: Passed 39 YES 0 NO 0 NOT VOTING 2 ABSENT 0 VACANT
Jan 14, 2015 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 8 Favorable, 1 On Its Merits
Jan 09, 2015 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House


posted by Russell Rozanski at 8:13 AM 0 Comments