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CITY OF PHILADELPHIA BUSINESS PRIVILEGE TAX REGULATIONS - page 12 / 59

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      • (2)

        Servicing, maintaining, or repair of vehicles, trailers, containers, and other equipment;

      • (3)

        Coordinating and directing the transportation of passengers or freight; or

      • (4)

        Doing any other business of the person;

  • 7.

    Franchisors: Entering into one or more contracts with persons, corporations, or other business entities located in Philadelphia, by which:

    • a.

      The franchisee is granted the right to engage in the business of offering, selling, or distributing goods or services under a marketing plan or system prescribed in substantial part by the franchisor; and

    • b.

      The operation of a franchisee’s business pursuant to such plan is substantially associated with the franchisor’s trademark, service mark, trade name, logotype, advertising, or other commercial symbol designating the franchisor or its affiliate;

  • 8.

    Processing: Assembling, processing, manufacturing, or storing goods in Philadelphia;

  • 9.

    Advertising: Entering Philadelphia to place or display advertising when the advertising is for the benefit of another and in the ordinary course of business (e.g., the foreign corporation makes signs and brings them into Philadelphia, sets them up, and maintains them);

  • 10.

    Contracting for processing and shipment: Sending materials to a Philadelphia manufacturer, processor, repairer, or printer to be processed and stored in completed form awaiting orders for their shipment;

  • 11.

    Loan production activities: Soliciting sales contracts or loans, gathering financial data, making credit checks, or performing other financial activities in Philadelphia through employees, independent contractors, or agents, regardless of whether they reside in Philadelphia or have a permanent place of business in Philadelphia;

  • 12.

    Holding companies: Maintaining a place of business in Philadelphia or managing, directing, and/or performing services in Philadelphia for subsidiaries or investee corporations;

  • 13.

    Place of business: Maintaining a place of business in Philadelphia;

  • 14.

    Federal enclaves: Doing business in any area in Philadelphia, even if the area is leased by, owned by, ceded to, or under the control of federal government;

  • 15.

    Consignments: Having consigned goods in Philadelphia;

  • 16.

    Leasing: leasing tangible personal property that is used in Philadelphia.

SECTION 104. COMPLETE TERMINATION OR LIQUIDATION OF A BUSINESS.

a.

Liquidation of a business is a taxable activity. A business is deemed to continue engaging in business until all of its normal operations which produce revenue have ceased. In the case of a business which owns inventory, normal operations are deemed to continue until all inventory is liquidated. For the purpose of determining when a business has terminated, the mere collection of accounts receivable or notes receivable by a person who is not engaged in the business of lending money, during the process of liquidation, does not constitute engaging in a taxable

10

(Rev. 08/01)

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