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§ 8810-C. Calculation of baseline

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: July 13, 2016

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 5. Tax Reform Code of 1971 (Refs & Annos)
Article XVIII-C. City Revitalization and Improvement Zones (Refs & Annos)
Effective: July 13, 2016
72 P.S. § 8810-C
§ 8810-C. Calculation of baseline
Currentness
(a) Baseline tax amount.--By October 15 following the end of the baseline year and for each year thereafter, the department shall verify the State baseline tax amount for each qualified business in a zone which consists of the following:
(1) For each qualified business that files timely State zone reports under section 1809-C(a),1 the amount of eligible State tax paid, less State eligible tax refunds.
(2) For each qualified business not included under paragraph (1) but located or partially located in the zone as determined by the department or included in the information received by the department under section 1809-C(a), the amount of State eligible tax paid, less State eligible tax refunds.
(b) Moves and noninclusions.--
(1) This subsection applies to a qualified business that:
(i) moves into a zone from within this Commonwealth after the baseline year; or
(ii) is in a zone but not included in the calculation of the State baseline tax amount under subsection (a).
(2) A qualified business subject to paragraph (1) shall file a State zone report under section 1809-C following the end of the first full calendar year in which the qualified business conducted business in the zone and each calendar year thereafter. The amount of eligible State tax verified by the department for the qualified business for the first full calendar year shall be the qualified business' fixed baseline tax amount. The amount added shall remain part of the baseline tax amount each year thereafter until such time as the qualified business ceases to conduct business in the zone, upon which event such amount previously added shall be deducted from the State baseline tax amount.
(3) The following taxes shall be excluded from the baseline tax amount calculation under this section:
(i) Taxes on business personal property to be utilized at a new facility.
(ii) The eligible taxes of:
(A) A new business.
(B) A qualified business moving into the zone from outside this Commonwealth.
(C) A contractor engaged in acquisition, development or construction, including infrastructure and site preparation, reconstruction or renovation of a facility.
(c) Recalculation.--The department shall not recalculate the baseline of a zone designated prior to the effective date of this subsection2 to include the hotel occupancy tax imposed under Part V of Article II.3

Credits

1971, March 4, P.L. 6, No. 2, art. XVIII-C, § 1810-C, added 2013, July 9, P.L. 270, No. 52, § 31, imd. effective. Amended 2016, July 13, P.L. 526, No. 84, § 37, imd. effective.

Footnotes

1
72 P.S. § 8809-C.
2
Subsec. (c) added by 2016, July 13, P.L. 526, No. 84, § 37, imd. effective.
3
72 P.S. § 7209 et seq.
72 P.S. § 8810-C, PA ST 72 P.S. § 8810-C
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document