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associations or exchanges or fraternal, benefit or beneficial societies of Pennsylvania doing business in such other state are subjected, by reason of the tax imposed by the ordinance, to additional or further taxes, fines, penalties or license fees by such other state.

    • 5.

      Any employment for a wage or salary.

    • 6.

      Credit Unions chartered by the U.S. Govt. or the Comm. of Pa.

    • 7.

      The business of loading or discharging cargo to or from vessels when conducted on piers, wharves or marine terminal facilities in the Port of Philadelphia and related business activities conducted on such premises such as furnishing dockage, wharfage, truck and/or railroad car loading and unloading, and storage of cargo which is to be loaded onto or has been discharged from vessels at a pier, wharf or marine terminal facility in the Port of Philadelphia. (Bill No. 877 introduced 4/3/86 amending Section 19-2601 of the Philadelphia Code.)

    • 8.

      Doing business shall not include rental income generated from real property which is the principal residence of the owner and consists of three or less residential units.

  • E.

    "Business Income.” Income (or loss) arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income (or loss) from tangible and intangible property if the acquisition, management or disposition of the property constitute integral parts of the taxpayer's regular trade or business operations. In essence, all income which arises from the conduct of trade or business operations of a taxpayer is business income. The income of a taxpayer is business income unless clearly classifiable as nonbusiness income. A Taxpayer's Trade or Business is not limited to corporate charter purpose or principal business activity. A taxpayer may be in more than one trade or business depending upon but not limited to some or all of the following:

      • (i)

        The nature of the taxpayer's activities.

    • (ii)

      The substantiality of the income derived from activities and transactions and the percentage that income is of the taxpayer's total income for a given tax period.

    • (iii)

      The frequency, numbers, or continuity of the activities and transactions involved.

    • (iv)

      The length of time the property producing income was owned by the taxpayer.

    • (v)

      The taxpayer's purpose in acquiring and holding the property producing income.

  • F.

    "Collector." The Revenue Commissioner of the City of Philadelphia.

  • G.

    "Corporation." A corporation, joint stock association, or joint stock company organized under the laws of the United States, the Commonwealth of Pennsylvania or any other state, territory, or foreign country or dependency.

  • H.

    "Cost of Goods." In the case of a retailer or wholesaler, the cost of goods, wares, commodities, and merchandise purchased by the retailer or wholesaler and resold by him, such cost to include all freight-in charges.

  • I.

    "Cost of Labor." In the case of a retailer or wholesaler, the cost of the labor of his employees used in receiving, storing, shipping, and delivering the goods, wares, commodities or


(Rev. 08/01)

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