PA Tax Law News - July 2011

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In This Issue:

PA Budget: No State Tax Increases for 2011-12; June Collections: +8.3%; Assessment Law Author Bert Goodman Joins McNees; PA Tax Tips: Local Tax Exemptions for Manufacturing; Pennsylvania Property Tax Task Forces Created; An Introduction To Sales and Use Taxation of Digital Goods; and PA Case Notes.

PA BUDGET: NO STATE TAX INCREASES FOR 2011-12

On June 30th, Governor Corbett signed a state budget reducing Pennsylvania’s state government spending by more than $1 billion. These cuts, including substantial cuts to K-12 school funding and aid to higher education, however, virtually ensure tax increases by many local school districts and higher tuition for college students attending state-owned and state related universities. Following are key highlights of interest to Pennsylvania businesses.

Please see full newsletter below for more information.

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Published In: Administrative Agency Updates, General Business Updates, Tax Updates

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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