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City of Philadelphia Local Business Entity Form

City of Philadelphia Local Business Entity Form

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Hi I'm April and here's your tax fact living in the city of Philadelphia comes with some extra taxes to pay that not everyone even city residents know about did you know we're the second largest tax city in the nation so who has to pay this tax anyway if you have rental property in the city or if you're self-employed, and you live or work within the city limits you have to register and pay the business privilege tax you can do this at the city website phila.gov/ready there's no fee to pay or to register there are two components to the tax a business income and receipts tax called the bird and the net profits tax called not first we'll talk about the bird which comprises two taxes one that's on gross receipts that's point one four one five percent and one that's one profits which is six and a half percent the city requires that you also make a mandatory payment for the next year's task which is calculated by taking the tax this year and deviling it now if you filed the Bert before you'l

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