corporate-net-income-tax

New Pa. budget includes long-sought corporate tax cut

BY: - July 13, 2022

The recently approved state budget includes a long-sought reduction to Pennsylvania’s corporate net income tax, one of the highest in the nation.  The tax will be lowered from the current 9.99 percent — a figure not changed since 1995 — to 8.99 percent this year. It will then drop an additional 0.5 percent each year […]

A proposed reduction to Pennsylvania's corporate net income tax could be included in this year's state budget.

Adding to this year’s budget drama: How to cut Pa.’s corporate tax rate

BY: - July 5, 2022

A cut to Pennsylvania's corporate net income tax still could be included in this year's state budget.

With budget season approaching, Pennsylvania business leaders want a corporate tax cut

BY: - June 1, 2022

Pennsylvania chambers of commerce say a tax cut will attracts businesses and create jobs.