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Taxes
| Pennsylvania Corporate Taxes: |
|---|
| Corporate Income Tax | 9.9% of Federal Taxable Income |
| Corporate Stock and Taxable Value per Taxable Value Franchise Tax | 6.49 mills |
| Real Property Tax | NONE |
| Personal Property Tax | NONE |
| Sales Tax | 6.0% sales in PA |
| (Manufacturing exemption limited to tangible personal property) |
| Inventory Tax | NONE |
| Unitary Tax | NONE |
| Ad Valorum Tax (VAT) | NONE |
| Machinery & Equipment | NONE |
| Unemployment Compensation: |
|---|
| Company Contribution: |
| New Company | 3.5% first 8,000 |
| Minimum Rate | 0.3% first 8,000 |
| Maximum Rate | 9.7% first 8,000 |
| Employee Contribution: |
| 0.1% of wages through withholding | |
| County Taxes: |
|---|
| Income Tax | NONE |
| Property Tax (Real Estate) | 4.9 mills/thousand |
| Personal Property Tax: |
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| (Stocks, bonds, mortgages, etc.) 4 mills on balance due or value of stock |
| Occupation Tax | varies with occupation |
| Sales Tax | NONE |
| City or Township: |
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| Income tax varies with political subdivision |
| School Taxes: |
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| Property Tax | varies with political subdivision |
Source: Pennsylvania Department of Revenue 2001