Transmitting a bill amending Section 19-2604 of The Philadelphia Code, relating to tax rates, credits and alternative tax computation for the business privilege tax, by reducing certain tax rates, and by making technical amendments; all under certain terms and conditions.

AI summary

This communication transmitted a proposed bill that would amend Philadelphia’s business privilege tax rules. The proposal would reduce certain tax rates and make technical changes involving tax credits and alternative tax calculations; the item was placed on file and does not establish that these changes took effect.