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Community Reinvestment Areas

Provides local real-property tax incentives for residents and businesses that invest in designated areas of Ohio. In order to apply, the municipality or county must apply to the State Development Director for confirmation. Investors meeting the local criteria must apply to the municipality or county for the real property tax exemption.

Office of Tax Incentives
(614) 466-2317 or (800) 848-1300

Ohio Research and Development Investment Tax Credit

Provides a nonrefundable tax credit against the corporate franchise tax and is designed to encourage Ohio’s corporations to invest in increased research and development activities.

Office of Tax Incentives
(614) 466-2317 or (800) 848-1300

Manufacturing Machinery & Equipment Sales Tax Exemption

Provides an exemption from state and county sales tax for companies that purchase machinery and equipment for manufacturing activities. Vendor needs a blanket exemption certificate, available on-line at the Department of Taxation’s website under Business, Tax Forms

Ohio Department of Taxation, Sales Tax Division
(614) 466-7351 or (888) 405-4039

Ohio Job Creation Tax Credit

Provides corporate franchise or state income tax credit for businesses that expand or locate in Ohio for companies that incur tax liability under ORC Sections 5733.06 or 5747.02. Program will provide a tax credit against the Commercial Activity Tax (CAT) beginning on July 1, 2008.Insurance companies that pay the annual franchise tax under ORC Sections 5725.18/5729.03 are eligible for the tax credit beginning July 1, 2005.

Office of Tax Incentives
(614) 466-2317 or (800) 848-1300

Technology Investment Tax Credit

Offers a variety of benefits to Ohio taxpayers who invest in small, research and development and technology-oriented forms.

Technology Division
(614) 466-3887 or (800) 848-1300 or Ohio's Thomas Edison Program

Warehouse Machinery & Equipment Sales Tax Exemption

Provides an exemption from state and county sales tax for companies that purchase eligible warehousing equipment. Vendor needs a blanket exemption certificate, available on-line at the Department of Taxation’s website under Business, Tax Forms

Ohio Department of Taxation, Sales Tax Division
(614) 466-7351 or (888) 405-4039

Ohio Job Retention Tax Credit

Provides corporate franchise or state income tax credit for businesses that commit to retain a significant number of full-time jobs. Program will provide a tax credit against the Commercial Activity Tax (CAT) beginning on July 1, 2008.

Office of Tax Incentives
(614) 466-2317 or (800) 848-1300

Research and Development Sales Tax Exemption

Provides an exemption from the usual state and county sales tax for companies that purchase equipment for research and development activities. Vendor needs a blanket exemption certificate, available on-line at the Department of Taxation’s website under Business, Tax Forms.

Ohio Department of Taxation, Sales Tax Division
(614) 466-7351 or (888) 405-4039

Ohio Historic Preservation Tax Credit

The Ohio Historic Preservation Tax Credit program provides a tax credit for the rehabilitation expenses to owners of historically significant buildings. Funding is provided through competitive rounds based on economic benefit and regional distributive balance.

Urban Development Division
(614) 995-2292 or Email Us

 

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