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; all under certain terms and conditions.

AI summary

This communication transmits a proposed bill to amend Philadelphia Code Section 19-2604 concerning tax rates, credits, and alternative tax calculations for the business privilege tax. The proposal would reduce certain business privilege tax rates and would affect businesses subject to that tax; the item is placed on file and does not describe a change taking effect.