Philadelphia’s Proposed One Percent Tax on New Construction

Philadelphia’s Proposed One Percent Tax on New Construction
WHAT IS THE TAX/IMPACT FEE? Proposed Bill No. 180351 would impose a new Construction Impact Tax/Impact Fee on all projects that are eligible for the city’s 10-year tax abatement. The funds raised from the tax are intended to help the Housing Trust Fund …
Philadelphia’s Proposed One Percent Tax on New Construction