Pennsylvania HB760 adjusts the corporate net income tax rates, reducing them incrementally over several years.
Pennsylvania HB760 modifies the corporate net income tax rates, reducing them gradually from 9.99% in 2023 to 4% by 2031. The bill specifies new tax rates for each year from 2023 to 2031, with a final rate of 4% for all taxable years starting in 2031. This change affects all corporations subject to Pennsylvania's corporate net income tax.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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