The Multistate Tax Commission (MTC)’s 2023 Fall Committee Meetings are off to an exciting start, considering the announcement that Philadelphia will be joining the MTC’s Joint Audit Program. The District of Columbia and Philadelphia are the Program’s only non-state members.
The MTC's Joint Audit Program provides audit services to the participating taxing authorities. The Program’s audit staff performs audits and provides proposed findings—often assessments—to jurisdictions that participate in each audit. Over the last 5 years, the MTC’s Joint Audit Program has completed the equivalent of 1,647 audits.
Philadelphia imposes the Business Income & Receipts Tax (BIRT) on gross receipts and taxable net income (at a tax rate of 1.415 mills and 5.99%, respectively) on certain taxpayers.
The MTC’s Audit Program is growing in popularity. Minnesota recently joined the Program—for sales tax audits only—bringing the total participating jurisdictions to 30 (and 31 once Philadelphia officially joins).
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