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Increasing Income Tax

Pennsylvania Governor Edward Rendell has signed a budget bill for fiscal 2003-2004 that increases Pennsylvania personal income tax. For tax years beginning after 2003, the personal income tax rate is increased from 2.8% to 3.07%. Changes to the Payroll system will go into effect with the January pay cycle. For more information, contact MaryAnn Piccolo at (215) 898-8967 or Jake Miller at (215) 898-1543.

 

 


  Almanac, Vol. 50, No. 17, January 13, 2004

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