16 Jun

CCH Tax Day Report A Philadelphia ordinance amends the city’s wage and net profits tax by decreasing rates for residents and nonresidents. Specifically, for residents the tax on salaries, wages, commissions and other compensation is decreased from 3.9004% to 3.8907% beginning July 1, 2017. For nonresidents, the tax is reduced from 3.4741% to 3.4654%. Further, […]

The post Pennsylvania—Personal Income, Miscellaneous Taxes: Philadelphia Reduces Wage and Net Profits Tax appeared first on Tax & Accounting Blog.

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