Pennsylvania Tax Update: Recent Developments from the Keystone State

After being proposed in multiple bills over multiple years, legislation was recently enacted in Pennsylvania that reduces the Commonwealth’s current 9.99 percent corporate net income tax rate over several years. In addition to the corporate rate reduction, other changes were made to the state’s corporate income tax laws that affect both Pennsylvania-based and out-of-state businesses. Please join professionals from KPMG’s Philadelphia and Pittsburgh State and Local Tax practices as they discuss the recent Pennsylvania law changes and other current tax matters pending in Pennsylvania.