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File #: 160175    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 3/3/2016 In control: Committee of the Whole
On agenda: Final action: 6/16/2016
Title: Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," by revising certain tax rates, under certain terms and conditions.
Sponsors: Council President Clarke, Councilmember Henon
Indexes: WAGE AND NET PROFITS TAX
Code sections: 19-1500 - Wage and Net Profits Tax
Attachments: 1. CertifiedCopy16017500.pdf
Date Ver.Action ByActionResultTallyAction DetailsVideo
6/20/20160 MAYOR SIGNED   Action details Not available
6/16/20160 CITY COUNCIL READ AND PASSEDPass17:0 Action details Not available
5/26/20160 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
5/26/20160 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Not available
5/26/20160 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
5/25/20160 Committee of the Whole HEARING NOTICES SENT   Action details Not available
5/25/20160 Committee of the Whole HEARING HELD   Action details Not available
5/25/20160 Committee of the Whole REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Not available
5/24/20160 Committee of the Whole HEARING NOTICES SENT   Action details Not available
5/24/20160 Committee of the Whole HEARING HELD   Action details Not available
5/24/20160 Committee of the Whole RECESSED   Action details Not available
5/18/20160 Committee of the Whole HEARING NOTICES SENT   Action details Not available
5/18/20160 Committee of the Whole HEARING HELD   Action details Not available
5/18/20160 Committee of the Whole RECESSED   Action details Not available
5/17/20160 Committee of the Whole HEARING NOTICES SENT   Action details Not available
5/17/20160 Committee of the Whole HEARING HELD   Action details Not available
5/17/20160 Committee of the Whole RECESSED   Action details Not available
5/11/20160 Committee of the Whole HEARING NOTICES SENT   Action details Not available
5/11/20160 Committee of the Whole HEARING HELD   Action details Not available
5/11/20160 Committee of the Whole RECESSED   Action details Not available
3/3/20160 CITY COUNCIL Introduced and ReferredPass  Action details Not available
Title
Amending Chapter 19-1500 of The Philadelphia Code, entitled "Wage and Net Profits Tax," by revising certain tax rates, under certain terms and conditions.

Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. Chapter 19-1500 of The Philadelphia Code is hereby amended as follows:

CHAPTER 19-1500. WAGE AND NET PROFITS TAX.

* * *

§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, 2015 [and thereafter] through June 30, 2016
2.4102%
July 1, 2016 and thereafter
2.4004%


(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:

* * *
July 1, 2015 [and thereafter] through June 30, 2016
3.4828%
July 1, 2016 and thereafter
3.4741%

(c) The tax imposed under §19-1502(1) (a) and (b) shall relate to and be imposed upon salaries, wages, commissions, and other compensation paid by an employer or on his behalf to any person who is employed by or renders services to him.


(2) Tax On Net Profits Earned In Businesses, Professions Or Other Activities.

(a) Residents. An annual tax on the net profits earned in businesses, professions or other activities conducted by residents of Philadelphia is imposed for general revenue purposes for the following periods at the following rates:

* * *
January 1, 2015 [and thereafter] through December 31, 2015
2.4102%
January 1, 2016 and thereafter
2.4004%


(b) An annual tax on the net profits earned in businesses, professions or other activities conducted in Philadelphia by non-residents ...

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