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Statements of tax policy

This page contains the Department of Revenue‘s interpretation and policy positions on tax topics that are not specifically addressed in the Philadelphia Code and official regulations. The department provides this guidance to help taxpayers and their tax representatives with specific topics. These statements may be modified due to the subsequent enactment or amendment of statutes or regulations.

Name Description Released Format
Installment sales of real estate PDF This policy statement outlines the proper reporting for the installment sale of real estate for purposes of the Business Income and Receipts Tax (BIRT) and the Net Profits Tax (NPT). April 1, 2021

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