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File #: 000336    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 5/18/2000 In control: Committee of the Whole
On agenda: Final action: 6/22/2000
Title: Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Privilege Taxes," by adding the definition of "information technology company" and by excluding from the definition of receipts, any receipts from the specific business conducted by an information technology company, under certain terms and conditions.
Sponsors: Councilmember Kenney, Councilmember DiCicco, Councilmember Nutter
Indexes: BUSINESS PRIVILEGE TAX
Code sections: 19-2600 - Business Privilege Tax, 19-2601 - Definitions
Attachments: 1. CertifiedCopy00033600.pdf
Title
Amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Privilege Taxes," by adding the definition of "information technology company" and by excluding from the definition of receipts, any receipts from the specific business conducted by an information technology company, under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. Chapter 19-2600 of The Philadelphia Code is hereby amended to read as follows:

CHAPTER 19-2600. BUSINESS PRIVILEGE TAXES.

ยง19-2601. Definitions.

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Information Technology Company. A person whose business is categorized as electronic data processing services (NAIC 5142 and 51421), computer systems design and related services (NAIC 5415, 54151, and 541512), custom computer programming services (NAIC 541511), computer facilities management services (NAIC 541513), and on-line information services (NAIC 514191), as set forth in the North American Industry Classification System, 1997 ("NAIC") codes established by the Office of Management and Budget, Executive Office of the President.

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Receipts. Cash, credits, property of any kind or nature, received from conducting any business or by reason of any sale made, including resale of goods, wares or merchandise taken by a dealer as a trade-in or as part payment for other goods, wares or merchandise or services rendered or commercial or business transactions, without deduction therefrom on account of the cost of property sold, materials used, labor, service or other cost, interest or discount paid or any other expense. For the purpose of determining receipts from the business of insurance, such receipts shall mean those from premiums received from risks within the city of the first class, whether by mutual or stock companies, domestic or foreign, without any deductions therefrom for any cost or expenses whatsoever; except, premiums shall not include return premiums, dividends paid or credited to ...

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