Official:Amending Section 19-2604 of The Philadelphia Code, relating to tax rates, credits and alternative tax computation for the business privilege tax, by revising certain tax rates; all under certain terms and conditions.
Sponsor: Councilmember Tasco
Introduced: November 6, 2008
Signed: December 4, 2008
: Committee of the Whole
Status: Signed into Law, step 4 of 4
This bill changed how Philadelphia calculates its business privilege tax rates for certain industries, including manufacturers and retailers. The changes were phased in over several years, with some tax rates decreasing and others remaining the same.
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