Official:Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Income and Receipts Taxes," by revising the number of businesses that may obtain a credit against business income and receipts taxes upon contributing to certain nonprofit intermediaries engaged in neighborhood economic development activities within the City of Philadelphia; all under certain terms and conditions.
Sponsor: Councilmember Goode
Introduced: November 14, 2013
Signed: February 6, 2014
: Committee on Commerce & Economic Development
Status: Signed into Law, step 4 of 4
This bill amends the Philadelphia Code to increase the number of businesses eligible for a tax credit when they contribute to certain nonprofit organizations involved in neighborhood economic development and healthy food initiatives.
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