READ AND PASSED

This enacted ordinance requires taxpayers to report final federal changes to their taxable income to Philadelphia within 180 days and provide information the City may require. The City will use these reports to determine whether additional Philadelphia taxes, interest, or penalties are owed, or whether the taxpayer qualifies for a refund or credit.

Amending Chapter 19-500 of The Philadelphia Code, entitled "Taxes and Rents - General," by adding required conditions and information for reporting adjustments to taxable income, under certain terms and conditions.