Title
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.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Chapter 19-500 of The Philadelphia Code is hereby amended to read as follows:
CHAPTER 19-500. TAXES AND RENTS - GENERAL.
* * *
§19-510. Limitations of Actions[.] to Recover Tax.
(1) Subject to the limitations on assessment in Section 19-510A, [Any] any suit to recover any tax authorized or imposed by this title, other than real estate taxes, and personal property taxes not imposed under § 19-1102, [and General Business Taxes], shall be begun within 6 years after such tax is due or within 6 years after a return or a report has been filed, whichever date is later, but this limitation shall not apply in the following cases:
* * *
(b) where an examination of a return or report filed by the taxpayer and of other evidence relating to such return or report in the possession of the Revenue Commissioner reveals a fraudulent evasion of taxes, including, but not limited to, substantial understatement of gross income, net profits, gross receipts, or any other receipt of income, moneys or funds in any such return or report, except with respect to any understatement the position for which was adequately disclosed, as provided by subsection (2)(b) of Section 19-510A;
* * *
§19-510A. Limitations of Actions to Assess Tax
(1) The amount of any tax authorized or imposed by this title, other than real estate taxes, and personal property taxes not imposed under § 19-1102, shall be assessed within three (3) years after a return or a report was due or has been filed, whichever date is later, but this limitation shall not apply in the following cases:
(a) where the taxpayer has failed to file the return or report required under the provisions of ...
Click here for full text