| |
|
Pennsylvania Corporate Taxes: |
|
Corporate Income
Tax |
9.9% of Federal
Taxable Income |
|
Corporate Stock
and Taxable Value per Taxable Value
Franchise Tax |
6.49 mills |
|
Real Property
Tax |
NONE |
|
Personal
Property Tax |
NONE |
|
Sales Tax |
6.0% sales in PA |
|
(Manufacturing exemption limited to tangible
personal property) |
|
Inventory Tax |
NONE |
|
Unitary Tax |
NONE |
|
Ad Valorum Tax
(VAT) |
NONE |
|
Machinery &
Equipment |
NONE |
| |
|
|
Unemployment Compensation |
|
Company
Contribution: |
|
|
New Company |
3.5% first 8,000 |
|
Minimum Rate |
0.3% first 8,000 |
|
Maximum Rate |
9.7% first 8,000 |
| |
|
|
Employee
Contribution: |
|
|
0.1% of wages
through withholding |
| |
|
|
County Taxes: |
|
Income Tax |
NONE |
|
Property Tax
(Real Estate) |
4.9
mills/thousand |
| |
|
|
Personal Property Tax: |
|
(Stocks, bonds,
mortgages, etc.) 4 mills on balance due or
value of stock |
|
Occupation Tax |
varies with
occupation |
|
Sales Tax |
NONE |
| |
|
|
City or Township: |
|
Income tax
varies with political subdivision |
| |
|
|
School Taxes: |
|
Property Tax |
varies with
political subdivision |
| |
|
|
Source: Pennsylvania Department of Revenue
2001 |
