What would having B Corporation status in the city of Philadelphia do for a company?
A) The company would earn a 15 percent reduction in total corporate taxes.
B) It would improve a company's reputation but earn no monetary incentives.
C) It would do nothing.
D) The company would earn a $4000 tax credit.

Question

Quizplus · Accepted Answer

In Philadelphia, companies with B Corporation status can earn a $4000 tax credit, which is a monetary incentive designed to encourage sustainable business practices and social responsibility.

What Would Having B Corporation Status in the City of Philadelphia