Monday, July 18, 2005

Ohio's new tax law

The July 11th. State Tax Review by Commerce Clearing House has some notes about Ohio’s new budget & appropriations tax bill that Gov. Taft signed last June 30, including the imposition of a new commercial activity tax (CAT).

The Ohio Department of Taxation has a press release and overview of major changes posted on its website, including a link to the new law. Legislative Service’s bill analysis is available on their site, along with a “comparison document.”

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