Upper Providence Township Council will consider establishing and enacting an earned income tax (EIT) for township residents and nonresidents working in the township at a rate of 1%. The township has answers to common questions about the proposed tax on its website. The township council determined the EIT is necessary to diversify the tax base and lower property taxes. The township estimates that approximately $3.75 million per year in revenue will be derived from the EIT. The ordinance will be considered for adoption on Tuesday, Oct. 22, at 7 p.m. at the Upper Providence Township Building, 935 N. Providence Road, Media.
Source: Daily Times; 10/8/2024