Pennsylvania Statutes Title 72 P.S. Taxation and Fiscal Affairs § 7324.2. Treatment of nonresident partners, members or shareholders

(a) Each nonresident partner, member, shareholder or holder of a beneficial interest shall be allowed a credit for such partner's, member's, shareholder's or holder of a beneficial interest's share of the withholding tax paid by the partnership, association or Pennsylvania S corporation.  Such credit shall be allowed for the partner's, member's, shareholder's or holder of a beneficial interest's taxable year in which, or with which, the partnership, association or Pennsylvania S corporation taxable year (for which such tax was paid) ends.

(b) Each nonresident lessor shall be allowed a credit for the nonresident lessor's share of the withholding tax paid by the lessee under section 324.4.   1

(c) The credits under this section shall be allowed for the nonresident lessor's taxable year in which the lessee withheld tax.