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Expert Analysis

Pa.'s Act 52 Tax Changes — Explained

Law360, New York (August 2, 2013, 1:03 PM EDT) -- After months of negotiation surrounding Pennsylvania's budget, the General Assembly passed and Gov. Tom Corbett signed into law Act 52, which includes another extension of the franchise tax, an increased cap on net operating loss (NOL) deductions, a related-party add-back, market-based sales-factor sourcing, and much more....

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