The Business Use and Occupancy Tax is a tax on the business, trade, or other commercial use and occupancy of real estate located in Philadelphia. The tax is due if:
- Your business is physically located in Philadelphia.
- You operate your business from your Philadelphia residence.
- Tenants, sub-tenants or owners use the Philadelphia property for business purposes.
The tax is collected and the tax returns are prepared by the owner of the property and sent to the Department of Revenue. The Business Use and Occupancy Tax is filed at specific frequencies dependent on the maximum tax owed.
The University files the Use & Occupancy returns for the portion of owned real estate that is used by commercial businesses.