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Philadelphia Business Income and Receipts (BIRT) and Net Profits Tax (NPT)
Hi,
If I am exempt from Philadelphia Business Income and Receipts (BIRT) (gross business income under 100k), does that mean I owe zero Net Profits Tax? These seem to be Philly specific forms I have to fill out. I didn't see any info about it on TurboTax or even the Philadelphia Revenue website. It's vague. Thanks.
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‎December 15, 2022
10:40 AM