An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in gross receipts tax, further providing for imposition of tax; and providing for additional property tax rebate.

Summary

The bill imposes a tax of 45 mills plus a 5‑mill surtax on the gross receipts of companies that transport freight or oil, provide telephone, mobile or digital advertising services, while exempting internet access sales, resale of services, related hardware, and advertising by broadcast or news media entities. It also adds an additional property‑tax rebate provision, though the details of that rebate are not specified in the excerpt. The measure is intended to raise revenue from modern service providers while offering tax relief in other areas.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share