We provide here a written summary of answers provided by the Department of Revenue to the committee at periodic question and answer sessions. These documents are classified as Revenue information issued for informational purposes only for the convenience of PICPA members. Pursuant to 61 Pa. Code Section 3.4, these documents should not be relied upon for any purpose or used in tax appeals. Taxpayers requiring a binding opinion on a specific fact situation may request a written letter ruling under 61 Pa. Code Section 3.3.
Q&A with the Pennsylvania Department of Revenue
How does PA apply the income producing activity/cost of performance method for PIT purposes? For example, does the DOR’s application of the IPA/COP method in Information Notice Corporation Taxes 2014-01 also apply for PIT purposes?
Information Notice Corporation Taxes 2014-01 applies to corporate taxes. The notice does not apply to PA PIT.