In an effort to mirror the federal tax deadline of May 17, Gov. Tom Wolf signed a bill Thursday to move Pennsylvania’s corporate tax deadline to match the mid-May due date observed for federal and state personal income taxes.
On Thursday, Wolf signed HB 766, sponsored by state Rep. Keith Greiner, R-Lancaster, which shifts the commonwealth’s corporate tax deadline. It also allows state agencies such as the Department of Revenue and the Department of Community and Economic Development to work with local governments to extend filing and payment deadlines.
“This bill helps Pennsylvania businesses organize and simplify filing their federal and state taxes and empowers the departments of Revenue and Community and Economic Development to eliminate fines and penalties that may have accrued between differing deadlines for filing federal and state taxes,” Wolf said in a statement.
In March, Wolf announced that the state personal income tax deadline would move to align with the federal due date of May 17, a measure deemed necessary while the COVID-19 disaster declaration is still in effect.
Wolf administration officials confirmed that the bill took effect immediately upon signing.