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§ 7203. Computation of tax

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal Affairs

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 II. Tax for Education (Refs & Annos)
Part II. Imposition of Tax (Refs & Annos)
72 P.S. § 7203
§ 7203. Computation of tax
Currentness
The amount of tax imposed by section 202 of this article1 shall be computed as follows:
(a) If the purchase price is ten cents (10¢) or less, no tax shall be collected.
(b) If the purchase price is eleven cents (11¢) or more but less than eighteen cents (18¢), one cent (1¢) shall be collected.
(c) If the purchase price is eighteen cents (18¢) or more but less than thirty-five cents (35¢), two cents (2¢) shall be collected.
(d) If the purchase price is thirty-five cents (35¢) or more but less than fifty-one cents (51¢), three cents (3¢) shall be collected.
(e) If the purchase price is fifty-one cents (51¢) or more but less than sixty-eight cents (68¢), four cents (4¢) shall be collected.
(f) If the purchase price is sixty-eight cents (68¢) or more but less than eighty-five cents (85¢), five cents (5¢) shall be collected.
(g) If the purchase price is eighty-five cents (85¢) or more but less than one dollar and one cent ($1.01), six cents (6¢) shall be collected.
(h) If the purchase price is more than one dollar ($1.00), six per centum of each dollar of purchase price plus the above bracket charges upon any fractional part of a dollar in excess of even dollars shall be collected.

Credits

1971, March 4, P.L. 6, No. 2, art. II, § 203.

Footnotes

1
72 P.S. § 7202.
72 P.S. § 7203, PA ST 72 P.S. § 7203
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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