Pennsylvania HB1414 amends the corporate net income tax rates for future years.
HB1414 modifies the corporate net income tax rates in Pennsylvania, setting the tax rate at 7.99% for the year 2025, 6.99% for 2026, 5.99% for 2027, and 4.99% for 2028 and each subsequent year. The bill adjusts the tax rates to gradually decrease over the specified years.
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