Are PPP Loans, Grants and other pandemic assistance taxable?

No. Effective with Resolution 2021-21 adopted July 14, 2021, PPP loans received in 2020 or 2021 that are subsequently forgiven in 2020 or 2021  will not be included in the computation of the gross receipts tax. All other cash, credits or property that are received, allocable or attributable to a business are considered gross receipts pursuant to Section 310-2(A) of the Code, which would include the grants and other pandemic assistance unless specifically excluded pursuant to another provision of the Township Code, Pennsylvania Act 511, or precedent case law.

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1. Have you changed the due date for the 2020 Final/2021 Estimated Business Tax Return due to the corona virus pandemic?
2. Are PPP Loans, Grants and other pandemic assistance taxable?
3. How do I obtain a municipal lien payoff amount?
4. Are your Tax Codes available online?
5. Who do I make checks payable to?
6. What gross receipts are subject to UM business taxes?
7. What type of business is subject to gross receipts tax?
8. Who is a wholesale vendor?
9. Who is a retail vendor?
10. What is subject to the business privilege tax?
11. What if my business has some activity out of pennsylvania?
12. Can a business be subject to more than one tax rate?
13. What qualifies as manufacturing?
14. Are all gross receipts of a manufacturer exempt from tax?
15. How do I get an LST (Local Service Tax) account number?