It’s one of the unique aspects of doing business in Philadelphia and one of the most decried: the Business Privilege Tax. The BPT charges law firms, solo practitioners and other businesses for the privilege of operating in the city, on the basis of the gross receipts and net income of the business.

Barrack Rodos & Bacine recently appeared before the Tax Review Board and successfully defended the way it calculated its net income for the BPT in In Re: Barrack, Rodos & Bacine.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]