Restructuring Phila.’s Business Taxes; Hope for Vacant Land; and Improving Independence Mall

Stupickles Blog Posts

Please enjoy this week’s edition of Capstone Law’s Philadelphia Real Estate Trends:   The Philadelphia City Council Finance Committee approved a bill that, if ultimately adopted, would substantially restructure the city’s business tax system. The bill intends to eliminate the net income portion of the dreaded Business Income and Receipts Tax in favor of increasing the gross receipts tax over a five-year period. According to its …