PA HB1471

Amends Section 314 of Pennsylvania's Tax Reform Code to expand the tax credit for income taxes paid to other states, now explicitly covering taxes imposed on a taxpayer's distributive share through S corporations, limited liability companies, and partnerships where the taxpayer is a direct or indirect shareholder or partner

Adds a new provision allowing members, partners, shareholders, partnerships, or S corporations to submit a certified statement instead of copies of each state tax return, showing each owner's share of taxable income and state income tax paid

Defines "state" for credit purposes as any U.S. state, the District of Columbia, Puerto Rico, and U.S. territories or possessions

Applies retroactively to taxable years beginning after December 31, 2021

Takes effect immediately upon enactment