Jennifer Weidler Karpchuk, co-chair co the SALT practice at Chamberlain, Hrdlicka, White, Williams & Aughtry.
Since the COVID-19 health crisis began, the city of Philadelphia’s Department of Revenue has been continually addressing how the pandemic affects the city’s taxes. This article discusses the key responses and guidance that the department has issued thus far.
Business Income and Receipts Tax (BIRT) and Net Profits Tax (NPT)
The filing and payment deadlines for the BIRT and NPT have been extended through July 15. The extension applies to estimated payments. However, payments received after July 15 will accrue interest and penalties dating back to the original due date of April 15.
