The Office of Sustainability is now accepting new applications and renewals for the Sustainable Business Tax Credit, which offers up to a $4,000 credit on the Business Income and Receipts Tax paid by Philadelphia businesses that demonstrate a commitment to sustainability.
Businesses can demonstrate their commitment by pursuing B-Corporation certification or by completing an application attesting to the sustainability credentials of their business. The application can be found by clicking here.
If you’ve previously received the credit, you can complete the quick renewal application to re-apply for this tax year.
Beginning this year, the tax credit has expanded to be available to 50 businesses, so we need your help in ensuring that as many sustainable businesses as possible are aware of this opportunity. Please help us spread the word, and email firstname.lastname@example.org if you have any questions. You can also learn more about the credit by visiting the Department of Revenue’s tax credit guide.