Pennsylvania HB2488 amends local tax laws to allow exemptions from local services tax for low-income individuals.
Pennsylvania HB2488 modifies the Local Tax Enabling Act to allow political subdivisions to exempt individuals from local services tax if their total earned income and net profits are below certain thresholds. Specifically, those earning less than $12,000 can be exempt from taxes exceeding $10, while those earning less than $15,600 can be exempt from taxes exceeding $52. This change applies to various local entities, including boroughs, towns, townships, and school districts.
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