Typically, taxes that are collected on your electric bill are kept separate and apart from the revenue on which those taxes are applied. However, in Pennsylvania, the Gross Receipts Tax (GRT) is passed through to the consumer and considered to be part of the revenue base against which the GRT is calculated.
We posted about this last year, but a few changes have been made to this year’s calculation that went into effect January 2012. The new total GRT calculation is broken down as follows:
It is common practice…
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