In This Issue:

Fuel Taxes Increased to Solve Transportation Funding Shortfall; PA Supreme Court Upholds Rejection of Township Business Privilege Tax; Unclaimed Property - Challenge to Delaware’s Auditing Procedures; PA Sales Tax Ruling Clarifies Computation of Taxable Purchase Price for Tractor Trailers; Sales Tax - Mine Site Preparation; Assessment Of Environmentally Contaminated Real Estate; Board of Finance and Revenue Changes Awaited; and PA Issues On Appeal - Sales and Use Tax (Part 1).

Excerpt from Fuel Taxes Increased to Solve Transportation Funding Shortfall -

After years of effort by multiple administrations and after overcoming difficult political hurdles in the Pennsylvania House of Representatives, the Commonwealth has finally addressed its steadily worsening transportation funding problem. Seemingly dead after falling one vote short on November 18th, the House reversed itself on a bipartisan vote of 104-95 on November 19th, in support of increased funding. On November 21st the General Assembly sent HB 1060 to Governor Corbett and on November 25th he signed it into law as Act 89 of 2013.

Please see full issue below for more information.

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Tax

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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