Corporate Taxes

Corporate Tax LoopholesIssue Spotlight: Closing Corporate Tax Loopholes

The tax code bill enacted along with the 2013-14 state budget maintained Pennsylvania's capital stock and franchise tax, which was set to expire in 2014, for two more years. It also took a small, first step to close the Delaware loophole, which has allowed large multi-state corporations to avoid paying income taxes in Pennsylvania. No tax code bill was passed as part of the 2014-15 budget.

2013-14 Tax Code Analysis: Read PBPC's Analysis of the PA Tax Code Bill

Combined Reporting of State Corporate Income Taxes: Read ITEP's Primer

Browse Corporate Tax Publications Below

June 23, 2008

The bills being considered would benefit corporations with facilities and employees in Pennsylvania, and a higher proportion of sales outside the state.

June 21, 2008

The bulk of the plan includes permanent tax changes popular with business associations but of little value for most businesses or for the economy.

June 16, 2008

The Senate stimulus plan is unlikely to do much to stimulate Pennsylvania's economy and could do more harm than good.

January 20, 2008

The combined cost of a "Christmas Tree" full of tax cuts rises to an estimated $3.8 billion.

January 20, 2008

The Pennsylvania House recently approved a variety of amendments to House Bill 377, which will have a significant impact on state government revenues over the next few years. View a table detailing the impact.

May 25, 2007

Pennsylvania has a famously antiquated corporation tax system. The end result is a system that is both unfair to some businesses and sufficiently porous to leave individuals paying a growing share of total state revenues.

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