THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 19-2600 of The Philadelphia Code, is hereby amended to read as follows:
CHAPTER 19-2600. BUSINESS PRIVILEGE TAXES.
§19-2601. Definitions.
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Receipts. * * * Receipts of any business shall exclude:
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(11) For the tax year 2001 through and including tax year [2006]
2011
, any receipts, or a portion of receipt, from the specific business conducted by an information technology company.
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Explanation:
[Brackets] indicate matter deleted.
Italics
indicate new matter added.
End