Philadelphia officials have made no secret that as of this year’s Tax Day, they are applying the city’s Business Income and Receipts Tax — $1.41 per $1,000 of sales and $57.10 per $1,000 of profits — even when sales are under $100,000. That income used to be tax-exempt. The city estimates 75,000 small-business owners may owe the tax for the first time. But the realization that payment of this …
By Joseph DiStefano, The Philadelphia Inquirer
Philadelphia officials have made no secret that as of this year’s Tax Day, they are applying the city’s Business Income and Receipts Tax — $1.41 per $1,000 of sales and $57.10 per $1,000 of profits — eve… [7619 chars]
Source: Hartford Courant | Published: 2026-04-16T14:00:08Z
Credit: Hartford Courant
