Corporation Trust Center (CT Corporation)
The Corporation Trust Center, 1209 North Orange Street, is a single-story building located in the Brandywine neighborhood of Wilmington, Delaware, USA, operated by CT Corporation. This is CT Corporation's location in the state of Delaware for providing "registered agent services." In 2012 it was the registered agent address of no fewer than 285,000 separate businesses.
Companies have offices in Delaware due to its desirable corporate taxes and law, and it is estimated that 9 billion dollars of potential taxes were not levied over the past decade, due to the Delaware loophole. Offices are usually held in the state to avoid the high franchise fees associated with registering the company in Delaware and operating the corporation outside the state. Notable companies that hold a post-office box at this location include Google, American Airlines, Apple Inc, General Motors, Coca-Cola, Kentucky Fried Chicken, Verizon Internet Services, and Deutsche Bank with about 430 of their more than 2,000 subsidiary companies and special purpose companies. Both President Donald Trump, and his opponent in the United States presidential election 2016 Hillary Clinton, have registered companies at the center.
- "CT Corporation - Registered Agent, Incorporation, Entity Management and Compliance Services". Archived from the original on 2012-12-15.
- Leslie Waynejune: How Delaware Thrives as a Corporate Tax Haven, The New York Times, June 30, 2012
- Neate, Rupert (2016-04-25). "Trump and Clinton share Delaware tax 'loophole' address with 285,000 firms". The Guardian. ISSN 0261-3077. Retrieved 2016-04-25.
- "State of Delaware - Division of Corporations - How To Calculate Franchise Taxes".
- "Welcome to tax-dodge city, USA". 10 April 2009 – via The Guardian.
- "Plusminus – Das Wirtschaftsmagazin - DasErste.de".