By: Neal Meldrum, Senior Industry Solutions Manager, Microsoft. The factory of the future is a complex ecosystem of self-regulating machines and sites, able to customize output and optimally allocate resources. Read now
Personal income tax. Pennsylvania has a flat tax rate of 3.07% on individual income, with no personal exemptions.
Pennsylvania's corporate tax is comprised of a corporate income tax and a capital stock tax. The net income tax is collected at a rate of 9.99%. The capital stock tax is somewhat complicated, determined by first adding net income divided by .095 to net worth multiplied by .75 (NI/.095 + .75*NW).