BCATO presents: Revenue Reduction: The Sterling Act's Effect on Regional Municipalities
MCATO Members are invited. Enjoy delicious hors d'oeuvre and a cash bar while you network with your regional peers. Fee: $25 at Doylestown Country Club May 5 from 5 p.m. to 7 p.m.
The Sterling Act requires non-residents of Philadelphia working in Philadelphia to pay a tax on earnings to the city at a much higher rate than that which the EIT is imposed locally. Those non-residents are required to pay EIT on their Philadelphia compensation to the municipality where they reside. Because those non-residents are subject to multiple taxes, the LTEA authorizes the non-residents to claim a credit on their local EIT return for taxes paid to Philadelphia.
Join the panel discussing the revenue the Sterling Act effect has on our municipalities and whether there's anything we can do about it. Panel include: Mayor Joseph DiGirolamo, Bensalem Township; Bob Pellegrino, Northampton Township Manager and Chair for the Bucks County Tax Collection Committee; Geoffrey L. Beauchamp, Esq., General Counsel for the DVHT; and a representative from Keystone Collections Group.
Date: Thursday, May 5, 2016
Time: 5 p.m. - 7 p.m.
Cost: $25 per person
Location: Doylestown Country Club