Tax Calculator

This calculator will show the savings your business could expect if Bill 040767 (which would phase out the city's Business Privilege Tax by 2017) becomes law.

(This calculator works well for most taxpayers, but certain Business Privilege Tax payers with more complicated tax returns will have to simplify their information to use this tool)

 

$ Net Income for 2005 (as would be properly reported to the federal government) $ Gross Receipts for 2005 (from Philadelphia sales and/or rentals of tangible personal property) % Projected percentage increase in future Net Income (for example, enter 3 if you believe your Net Income will increase by 3% each year in the future, enter 0 if you believe you will have no increase in Net Income in the future) % Projected percentage increase in future Gross Receipts (for example, enter 3 if you believe your Gross Receipts will increase by 3% each year in the future, enter 0 if you believe you will have no increase in Gross Receipts in the future)

 

Currently Anticipated Business Privilege Tax Liability Without Passage Of Bill 040767

Year	Net Income Tax	Gross Receipts Tax	Total BPT Liability
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
Total 2005-2017:
Potential Anticipated Business Privilege Tax Liability With Passage Of Bill 040767
Year	Net Income Tax	Gross Receipts Tax	Total BPT Liability	Annual Savings
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
Total 2005-2017:
TOTAL SAVINGS 2005-2017: