HB701 — An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in personal income tax, further providing for classes of income.

HB701 — An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in personal income tax, further providing for classes of income. · Informed CitizenryThis bill amends the Tax Reform Code of 1971 regarding personal income tax by modifying the definition of 'Net profits or net loss.' The amendment specifies that taxpayers who deduct start-up expen…Open in Informed Citizenry