The Greater Pittsburgh Chamber of Commerce addresses much of its business tax policy work through a statewide coalition we manage called CompetePA. In 2005 the state legislature told the business community that they wanted to see them more effectively speak with one voice when it came to business tax policy in the Commonwealth. That is when the Greater Pittsburgh Chamber of Commerce helped to create CompetePA. The coalition now has more than 130 members across the state, including Fortune 100 companies, small businesses, chambers of commerce and more.
Over the past few years, the Greater Pittsburgh Chamber of Commerce and CompetePA have worked to raise the cap on the Net Operating Loss (NOL) Carryforward, and fully eliminate the Capital Stock & Franchise Tax. Next on our business tax policy agenda is to fully remove the NOL cap and eventually reduce the uncompetitive Corporate Net Income (CNI) tax rate of 9.99 percent (the highest non-graduated rate in the nation).