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The Pennsylvania Department of Revenue (DOR) is an agency of the U.S. state of Pennsylvania. The department is responsible for collecting all Pennsylvania taxes, including all corporate taxes and taxes on inheritance, personal income, sales and use, realty transfer, motor fuel, and all other state taxes. [1]
Wage withholding taxes, [1] Withholding tax on payments to foreign persons, and; Backup withholding on dividends and interest. The amount of tax withheld is based on the amount of payment subject to tax. Withholding of tax on wages includes income tax, social security and medicare, and a few taxes in some states.
Pennsylvania Department of Banking and Securities; Agency overview; Formed: June 8, 1891: Jurisdiction: Government of Pennsylvania: Headquarters: Market Square Plaza, Suite 1300 17 North 2nd Street Harrisburg, Pennsylvania: Employees: 174: Annual budget: $20.8 million (FY 2010) [1]
As the April 18 tax deadline nears and state returns are filed, many Pennsylvania taxpayers will likely be — or are already — wondering how long it’ll take to get their refunds this year.
As the name "Treasury" suggests, the department's paramount responsibility is safeguarding and managing the state's financial assets, but Pennsylvania's constitution and statutes place additional specific responsibilities on the office. [citation needed] Taxes and other sources of revenue collected by the state are deposited with the Treasury.
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The U.S. imposes a 15% withholding tax on the amount realized in connection with the sale of a U.S. real property interest unless advance IRS approval is obtained for a lower rate. [15] Canada imposes similar rules for 25% withholding, and withholding on sale of business real property is 50% of the price but may be reduced on application.
(The Center Square) – Business owners from historically disadvantaged communities in Pennsylvania will soon have access to special grants meant to assist with start-up and expansion costs. For ...