July 27, 2017
Proposed Pennsylvania Budget Increases Gross Receipts Tax On Retail Electric Sales, Institutes Tax On Retail Natural Gas Sales
Includes New Tax On Virtual Transactions In PJM
A proposed Pennsylvania omnibus tax bill (HB 542) which was adopted by the Pennsylvania Senate Appropriations Committee and scheduled for action in the full Senate today would raise the gross receipts tax (GRT) on retail electric sales, institute a new gross receipts tax on retail natural gas sales…