Mobile Telecommunications Broadband Investment Tax Credit

Pennsylvania Department of Revenue

Summary:

For tax years beginning after December 31, 2013, and ending before January 1, 2024, a taxpayer that is a provider of mobile telecommunication services shall be allowed a tax credit against the corporate net income tax for investment in certain qualified broadband equipment placed into service in this Commonwealth.

The amount of the tax credit shall be 5% of the purchase price of the qualified broadband equipment placed into service in Pennsylvania during the taxable year of the applicant that ended in the prior calendar year. The amount of the tax credit that may be taken in a taxable year is limited to an amount not greater than 50% of the taxpayer corporate net income tax liability.

The total amount of tax credits approved by the department shall not exceed $5,000,000 in any fiscal year. If the total amount of tax credits applied for by all taxpayers exceeds the limitation on the amount of tax credits in a fiscal year, the tax credit to be received by each application shall allocated.

Eligible Recipients:

Internet Service Provider

Eligible Recipients Detail:

Providers of mobile telecommunication services

Eligible Purpose:

Broadband Enabled Devices (General); Broadband-Related Industry

Eligible Purpose Detail:

Tax credit for certain mobile broadband equipment. Qualified broadband equipment is machinery and equipment located in this Commonwealth that is used by a mobile telecommunication services provider to provide Internet access service and is capable of sending, receiving, storing, transmitting, retransmitting, amplifying, switching or routing data, video or other electronic information. The term does not include machinery or equipment that is used to provide voice communication service