If you have a property in Delaware County, Pennsylvania (in Media, Swarthmore, Upper Darby, etc.), you should prepare to receive a notice very soon that the value assigned to your property for tax purposes has changed. This change will likely be an increase in your assessment that, in turn, increases your real estate tax bill.Read More
City Council approved an amendment to the Philadelphia Code that will allow taxpayers who “timely filed” an appeal of their property’s 2019 assessed value to pay their 2019 taxes by March 31, 2019 in the amount reflected on their 2018 property tax bills.Read More
If you are, will, or may be involved in a new commercial construction project in Philadelphia, either as a developer or bank issuing construction financing, you should be aware of a dramatic change in the City of Philadelphia’s practice of reassessing such projects mid-construction that could cost (literally) millions of dollars in taxes that were not anticipated when the project began.Read More
On October 2, 2018, legislators introduced a bill to amend the Pennsylvania Constitution’s Uniformity Clause to allow for a different (likely higher) rate of taxation on commercial properties than is imposed on non-commercial properties. Read more here . . .Read More
Philadelphia City Council has reached a compromise with the Kenny administration on the proposed 1% Construction Tax. In short, the Construction Tax is out.
Instead, Council and Kenney agreed to dedicate additional tax revenue from expiring tax abatements into the City’s Housing Trust Fund, an affordable housing fund, and the City will offer “zoning bonuses” to developers who make voluntary contributions to the Fund. These “zoning bonuses” will allow developers to expand the height, floor area or density of planned development projects.
Read more about the compromise here.
DISCLAIMER: Nothing in this blog is intended or should be construed to constitute legal advice, and readers should not rely on it to solve their individual legal issues. No opinion set forth is endorsed by any law firm and is the sole opinion of the author. For help with any present legal issue, please consult a licensed attorney and do not rely merely on anything set forth in this website.
It’s back to school and back to blogging. Since May, the Philadelphia Soda Tax was upheld by the Pennsylvania Supreme Court, the proposed Construction Tax was passed by City Council but still up in the air, and more…Read More
At a community briefing on Friday morning, April 20, 2018, Councilman Domb announced that a bill he introduced regarding use and occupancy ("U&O") taxes has passed and will, beginning July 1, 2019, grant businesses some U&O tax relief. . .Read More
The City confirmed during recent litigation that it isn't even allowing taxpayers the ability to pay their property taxes based on their prior year's tax bill while a challenge to their assessment is pending, as many taxpayer did for dramatic AVI increases in 2014.Read More
Philadelphia property owners are in for a tax hike effective for tax year 2019. No, not the 4.1% tax rate increase that is being proposed by the Mayor and currently under review by City Council—that increase will come on top of the backdoor tax hike resulting from upward revisions by the City's Office of Property Assessment to property assessments. . .Read More
Philadelphia County is the only county in the entire Commonwealth of Pennsylvania where the county government can generate unlimited tax increases from property reassessments, which are unchecked by any representative body, rather than by tax rate adjustments voted on by City Council.Read More
Philadelphia County is like the Wild West (in a very tame, lawyerly sort of way). There is no local rule indicating how real estate tax assessment appeals should be captioned, how discovery should be conducted (if at all), whether motion practice is even allowed, or any other indication of how the appeal should be conducted.Read More
In order to challenge your U&O tax, you must challenge the assessed value of property as determined by the Philadelphia Office of Property Assessment ("OPA"). The assessed value used for this calculation is "the assessed value of the real estate as most recently returned by the Office of Property Assessment prior to the start of the Tax Year," which is "July first of any calendar year through June 30 of the following calendar year." This presents a problem.Read More