Official:Amending Bill No. 220401, entitled “An Ordinance Amending Chapter 19-1500 of The Philadelphia Code, entitled ‘Wage and Net Profits Tax,’ by revising certain tax rates, under certain terms and conditions,” to correct a typographical error in stating the period in which a reduction in the resident Net Profits Tax rate is applicable.
Sponsor: Council President Clarke
Introduced: September 15, 2022
Signed: November 3, 2022
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill corrects a typographical error in a previous tax law amendment, adjusting when and at what rate resident Net Profits Tax is reduced.
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