COUNCILWOMAN TO INVESTIGATE SCHOOL INCOME TAX COLLECTIONS

In Blondell Reynolds Brown by admin

FOR IMMEDIATE RELEASE

(PHILADELPHIA, PA) Thursday September 12, 2013 – Councilwoman Blondell Reynolds Brown today called for hearings to investigate the efficiency of collections of the School Income Tax.   The School Income Tax is imposed by the School District of Philadelphia and applies to various classes of unearned income not subject to the Philadelphia Business Income and Receipts Tax or City Wage Tax.  The School Income Tax applies to the following types of income:

  • Dividends
  • Interest Income
  • S Corp Distributions
  • Partnership Distributions
  • Estates abd Trust Income
  • Rental Income
  • Other Taxable Income

“The School Income Tax is difficult to collect because it applies to ‘unearned income,’ often relying on self reporting by the taxpayer,” said Councilwoman Reynolds Brown. “If current practices are not working, we must develop a more efficient plan moving forward.” “Finally, parents need to know that we are not resting on our laurels just because schools opened on time; we continue to search for every dollar.” A 2012 report by the Philly Post cited over $5.7 million in delinquent School Income Taxes.

For additional information please contact the Chief of Staff, David Forde at (215) 686-3438

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