Press Room: Pa Corporate Tax Report

January 18, 2016

The End of an Archaic Tax: Pennsylvania Capital Stock and Foreign Franchise Tax Phased-Out

On January 4, 2016, Pennsylvania Governor Tom Wolf announced the elimination of Pennsylvania’s Capital Stock and Foreign Franchise (CSFF) tax, effective January 1, 2016. This completes a gradual phase-out which began in 2002. Originally set to ...