PASSED

The enacted ordinance amended Philadelphia’s tax rules by setting a three-year limit for assessing most city taxes and a six-year limit for filing lawsuits to collect them, generally measured from when a return is due or filed. Exceptions apply when a taxpayer does not file, fraud or substantial underreporting is found, collected taxes are not paid to the City or School District, or the taxpayer and Revenue Commissioner agree in writing to extend the assessment period; it applies to audits begun on or after January 1, 2005.

Amending Chapter 19-500 of The Philadelphia Code, entitled "Taxes and Rents-General," by providing for uniform time limitations on collections, examinations and assessments, under certain terms and conditions.