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  • Pa Mercantile And Business Privilege Tax Return - City Of Williamsport 2020

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Will MBP 2019/20.exp Layout 1 12/18/19 11:56 AM Page 1MERCANTILE AND BUSINESS PRIVILEGE TAX RETURNCITYOFWILLIAMSPORT City Treasurer PO Box 1265 Williamsport, PA 17703 570.327.7520THIS FORM MUST BE.

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For many businesses, privilege tax may also be referred to as franchise tax. Franchise or privilege tax is a tax certain business owners have to pay to conduct business and operate in a state. Some states charge this tax for the privilege of doing business in a state.

The rate is 3.6% for all City of Reading residents; 1.3% for non-city residents. Local Services Tax-Must be deducted at the rate of $1.00 per week per individuals employed at the employer's City of Reading location. The City of Reading wishes you the best with your business!

The tax is the rate of tax on each and every dollar of a business transaction within the corporation limits of the Borough, and shall be 1 mil. Shall mean $1 per $1,000 of gross placed upon the earnings. Berkheimer Associates collects the business privilege tax/mercantile tax and can be reached at 1-800-360-3075.

Corporate income tax is a tax on the net income of corporations. In most cases, only corporations are subject to this tax. Privilege taxes are imposed on businesses for the right to conduct business in a given state.

Many businesses first encounter the local business or mercantile privilege taxes (BPT) imposed by 272 local jurisdictions in Pennsylvania through an audit or the receipt of an assessment notice.

The tax assessed on each taxpayer is calculated at $1 per week ($52 per year). Each employer and/or business owner operating within the taxing district must remit quarterly LST and file the required forms with the Treasurer's Office. Taxpayers may only be required to pay a maximum of $52.00 Local Services Tax per year.

Pennsylvania has a flat 8.99 percent corporate income tax rate and permits local gross receipts taxes. Pennsylvania has a 6.00 percent state sales tax rate, a max local sales tax rate of 2.00 percent, and an average combined state and local sales tax rate of 6.34 percent.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232