§ 8404. Certain rates of taxation limited.
If a municipality and school district both impose an earned income and net profits tax on the same individual under the Local Tax Enabling Act and the municipality and school district are limited to or have agreed upon a division of the tax rate in accordance with section 8 of the Local Tax Enabling Act, then the municipality that continues to levy the earned income and net profits tax under the Local Tax Enabling Act shall remain subject to that limitation or agreement in the event that the school district opts to impose an earned income and net profits tax under section 8711 (relating to earned income and net profits tax).
Section: Previous 8401 8402 8403 8404 8405 8421 8422 8423 8424 8425 8426 8427 8428 8429 NextLast modified: October 8, 2016