Pennsylvania Opportunity Scholarship Credit

by Tom Guappone 18. September 2012 12:02
The Opportunity Scholarship Credit is available to business entities that make contributions to non profit organizations that provide scholarships to eligible students to pay tuition and necessary school related fees to attend participating non-public or a participating public school in a school district that is not the recipient’s school district.  Eligible students who reside within the attendance boundary of a low-achieving school can apply for a scholarship to attend a participating public or non-public school. The Pennsylvania Department of Education has released a list of the low achieving schools as required for the opportunity scholarship credit that is available against corporate income, capital stock, franchise and other entity taxes. To obtain more details and a list of schools, please visit the PA website or contact a Urish Popeck tax specialist and visit our tax services page.
Categories: Tax