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  • 2007 Business Privilege Tax Ez - Phila

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CITY OF PHILADELPHIA 2007 BUSINESS PRIVILEGE TAX EZ DUE DATE: APRIL 15, 2008 0 1 0 7 2007 BPTEZ For business operated 100% in Philadelphia City Account Number Taxpayer Name and Address Federal Identification.

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Ordinance # 1128 established a flat rate Business Privilege Tax of $ 500.00 per year. For each tax year there are possible credits that a business may take against the business privilege tax.

Many businesses first encounter the local business or mercantile privilege taxes (BPT) imposed by 272 local jurisdictions in Pennsylvania through an audit or the receipt of an assessment notice.

The tax is the rate of tax on each and every dollar of a business transaction within the corporation limits of the Borough, and shall be 1 mil. Shall mean $1 per $1,000 of gross placed upon the earnings. Berkheimer Associates collects the business privilege tax/mercantile tax and can be reached at 1-800-360-3075.

How much is it? The current rates for the Business Income & Receipts Tax (BIRT) are 1.415 mills ($1.415 per $1,000) on gross receipts, and 5.99% on taxable net income.

Who pays the tax. The Net Profits Tax (NPT) is imposed on the net profits from the operation of a trade, business, profession, enterprise, or other activity by: Philadelphia residents, even if their business is conducted outside of Philadelphia. Non-residents who conduct business in Philadelphia.

The following states have franchise (aka privilege) tax: Alabama. Arkansas. California* Delaware. Georgia. Illinois. Louisiana. Mississippi.

Corporate income tax is a tax on the net income of corporations. In most cases, only corporations are subject to this tax. Privilege taxes are imposed on businesses for the right to conduct business in a given state.

Although Pennsylvania has a corporate income tax, it does not have a privilege or franchise tax. Unless a corporation is a C corporation (traditional corporation), the business is not subjected to state tax on net worth or income; but, when transferred to an individual, that person's income will be taxed.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232