Title
Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," by establishing certain tax rates, amending the effective dates of various tax rate changes, and by amending the definition of Excess Growth Rate, all under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Section 19-1502 of The Philadelphia Code, entitled "Imposition of Tax," is hereby amended to read as follows:
§19-1502. Imposition of Tax.
(1) Tax On Salaries, Wages, Commissions And Other Compensation.
(a) Residents. An annual tax on salaries, wages, commissions and other compensation earned by residents of Philadelphia is imposed for general revenue purposes for the following periods at the following rates:
* * *
* * *
July 1, 2002 through June 30, 2003
3.00%
July 1, 2003 through December 31, 2004
2.9625%
January 1, 2005 through December 31, 2005
2.8655%
[July 1, 2003] January 1, 2006 through [June 30] December 31, 2007
The rate provided under §19-1502(3)
[July 1, 2007] January 1, 2008 and thereafter
The rate at which the tax was imposed on [June 30] December 31, 2007
(b) Non-Residents. An annual tax on salaries, wages, commissions and other compensation earned by non-residents of Philadelphia for work done or services performed or rendered in Philadelphia is imposed for general revenue purposes for the following periods at the following rates:
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* * *
July 1, 2002 through June 30, 2003
3.9127%
July 1, 2003 through December 31, 2004
3.8801%
January 1, 2005 through December 31, 2005
3.8475%
[July 1, 2003] January 1, 2006 through [June 30] December 31, 2007
The rate provided under §19-1502(3)
[July 1, 2007] January 1, 2008 and thereafter
The rate at which the tax was imposed on [June 30] December 31, 2007
(c) The tax imposed under §19-1502(1) (a) and (b) shall relate to and be imposed upon salaries, wages, commissions, and...
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