Definitions. The following words and phrases when used in this Part
shall have the meanings ascribed to them in this section, except where
the context indicates a different meaning:
ASSOCIATION
A partnership, limited partnership, or any other unincorporated
group of two or more persons.
BUSINESS
Any enterprise, activity, profession, or any other undertaking
of an unincorporated nature conducted for profit or ordinarily conducted
for profit whether by a person, partnership, association, or any other
entity.
CORPORATION
A corporation or joint stock association organized under
the laws of the United States of America, the Commonwealth of Pennsylvania,
or any other state, territory, foreign country, or dependency.
DOMICILE
The place where one lives and has his permanent home and
to which he has the intention of returning whenever he is absent.
Actual residence is not necessarily domicile, for domicile is the
fixed place of abode which, in the intention of the taxpayer, is permanent
rather than transitory. Domicile is the place in which a man has voluntarily
fixed the habitation of himself and his family, not for mere special
or limited purpose, but with the present intention of making a permanent
home, until some event occurs to induce him to adopt some other permanent
home. In the case of businesses, or associations, the domicile is
that place considered as the center of business affairs and the place
where its functions are discharged.
EARNED INCOME
Compensation as determined under § 303 of the Act
of March 4, 1971, P.L. 6, No. 2, known as the "Tax Reform Code of
1971," and regulations in 61 Pa. Code, Part I, Subpart B, Article
V (relating to personal income tax, specifically 61 Pa. Code § 101.6).
Employee business expenses are allowable deductions as determined
under Article III of the "Tax Reform Code of 1971." The amount of
any housing allowance provided to a member of the clergy shall not
be taxable as earned income.
EMPLOYER
A person, partnership, association, corporation, institution,
governmental body or unit or agency, or any other entity employing
one or more persons for a salary, wage, commission, or other compensation.
INCOME TAX OFFICER OR OFFICER
A person, public employee, or private agency designated by
the Board of Supervisors of Wrightstown Township to collect and administer
the tax on earned income and net profits.
NET PROFITS
The net income from the operation of a business, profession,
or other activity, except corporations, determined under § 303
of the Act of March 4, 1971, P.L. 6, No. 2, known as the "Tax Reform
Code of 1971," and regulations in 61 Pa. Code, Part I, Subpart B,
Article V (relating to personal income tax; specifically 61 Pa. Code
§ 103.12). The term does not include income which is not
paid for services provided and which is in the nature of earnings
from an investment. For taxpayers engaged in the business, profession,
or activity of farming, the term shall not include:
(1)
Any interest earnings generated from any monetary accounts or
investment instruments of the farming business.
(2)
Any gain on the sale of the farm machinery.
(3)
Any gain on the sale of livestock held 12 months or more for
draft, breeding or dairy purposes.
(4)
Any gain on the sale of other capital assets of the farm.
NONRESIDENT
A person, partnership, association, or other entity domiciled
outside the Township of Wrightstown.
RESIDENT
A person, partnership, association, or other entity domiciled
in the Township of Wrightstown.
TAXPAYER
A person, partnership, association, or any other entity required
hereunder to file a return of earned income or net profits, or to
pay a tax thereon.
TOWNSHIP
The Township of Wrightstown, County of Bucks and Commonwealth
of Pennsylvania.