Official:Amending Chapter 19-2600 of The Philadelphia Code, entitled “Business Income and Receipts Taxes,” by revising certain tax rates, under certain terms and conditions.”
Sponsor: Council President Clarke
Introduced: March 2, 2023
Signed: June 22, 2023
: Committee of the Whole
Status: Signed into Law, step 4 of 4
This bill amends Philadelphia's Business Income and Receipts Taxes by revising certain tax rates. The changes will affect businesses in Philadelphia, who will pay taxes on their annual receipts at a new millage rate and net income percentage.
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