Comments on: City of Philadelphia to offer tax breaks to tech companies

By: Philly to Offer Tax Breaks to Tech Companies and $10,000 to Watch Horror Movie « SeanDKnight Blog

Mon, 25 Oct 2010 17:58:52 +0000

[...] really do hope that, after reading the article, this entices a lot of game developers to set up offices in Philadelphia. That way I could drive [...]

By: Technically Philly » Philadelphia to apply for Google’s experimental ultra-high speed broadband | Covering the Community of People Who Use Technology in Philadelphia.

Sun, 26 Sep 2010 23:53:55 +0000

[...] in Philadelphia’s technology sector, city officials say, like Mayor Nutter’s recently announced plans to provide tax incentives to city technology [...]

By: Technically Philly » Mayor Nutter on government transparency, city CTO and business retention | Covering the Community of People Who Use Technology in Philadelphia.

Fri, 30 Jul 2010 13:49:08 +0000

[...] In my budget address, I announced two pilot programs. One is market-based sourcing, doing a pilot related to firms engaged with computer systems design and related services. We’re changing some of the tax regulations based on location of the customer rather than the work that was performed. These companies can be anywhere, so we’re trying to level the playing field. Now, [taxes are] only related to work they do in Philadelphia, not for the work that’s done outside. The second is single sales factor apportionment. Related again to the allocation formula for taxes on organizations involved in research and development in physical engineering and life sciences. We base calculations only on Philadelphia sales as opposed to on sales, property and payroll, which puts them on the same page as firms that are located outside of the city. These allow us captailize on some of the other great assets that Philadelphia has that some other locations may not have. [...]

By: Technically Philly » Are the Mayor’s technology firm tax incentives not enough? | Covering the Community of People Who Use Technology in Philadelphia.

Mon, 22 Mar 2010 21:22:02 +0000

[...] been a few weeks now since Mayor Michael Nutter announced a tax incentive pilot for technology firms aimed at decreasing sales tax for service-based tech companies and, ultimately, attracting more [...]

By: Technically Philly » Nutter proposes “unprecedented” $120 million IT budget, moves toward paperless | Covering the Community of People Who Use Technology in Philadelphia.

Thu, 04 Mar 2010 20:45:01 +0000

[...] tax reduction schedule, halted last year. He also referenced tech tax incentive pilot studies announced last week, which will allow technology firms to sell services outside of the city [...]

By: Technically Philly » Ignite Philly 5 marks age of social entrepreneurs, city’s Google bid | Covering the Community of People Who Use Technology in Philadelphia.

Wed, 03 Mar 2010 05:39:14 +0000

[...] on the heels of new technology-based tax incentives, City Councilman Bill Green and Philadelphia CTO Allan Frank kicked off the event by announcing the [...]

By: Technically Philly » Local, national VCs back “Startup Visa” law | Covering the Community of People Who Use Technology in Philadelphia.

Thu, 25 Feb 2010 21:32:04 +0000

[...] As reported by Technically Philly, Mayor Nutter is undergoing comparable efforts to attract technology companies and startups using the city’s tax structure as an incentive. What if the city promised additional bonuses to recipients of the Startup Visa? Especially those who’d like to start a video game studio? [...]

By: Chris Somers

Chris Somers — Wed, 24 Feb 2010 11:50:47 +0000

This is great news. Would also LOVE to see a reform with the BPT and NPT for self-employed folks and small business owners.

By: Tim

Tim — Tue, 23 Feb 2010 19:16:43 +0000

Wow.. this is great news. Three Rings has set up shop in Philly… I think this will be great for all those “casual gaming” companies… of which now with all the “app stores” on all the platforms (wiiware, live, PSNetwork etc.) and iPhones, DSiware etc.

By: Brian James Kirk

Brian James Kirk — Tue, 23 Feb 2010 17:21:32 +0000

As an economist interviewed in Metro’s article says, it’s a good start. Many co’s have historically complained that the city had no concern for city biz.