PA Capital Stock/Franchise Tax to Disappear in 2016

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After many years of delay, the capital stock/franchise tax was completely phased out at the end of 2015, positively impacting Pennsylvania businesses. Eliminating this tax will help the state become more competitive in attracting new companies.

Read the article from the Spring 2016 GYF Perspectives.

Don Johnston

Don Johnston

Don, a partner in the Tax Services Group, has over 30 years of public accounting experience. He has spent the majority of his career serving the tax and consulting needs of privately-held companies and their owners. Don also has expertise with issues related to business entity formation, transactions and exit planning.

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