New IT 4738 Electing Pass-Through Entity Income Tax filers The Department has issued a new tax alert for new IT 4738 Electing Pass-Through Entity Income Tax Return filers including filing...
New IT 4738 Electing Pass-Through Entity Income Tax filers The Department has issued a new tax alert for new IT 4738 Electing Pass-Through Entity Income Tax Return filers including filing...
Key Findings ; It is difficult to attribute any positive economic outcomes to the tax package that introduced the Ohio CAT even though it represented a significant reduction in overall tax burdens. ; The CAT employs broad nexus standards which have led to extensive litigation and leaves many important legal questions unanswered. ; Ohio is one of only five states with a statewide gross receipts tax, but faced with declining corporate income tax revenues, other states are beginning to look to the Ohio CAT as a model. ; Most other states considering a gross receipts tax on the Ohio model are contemplating it atop their existing business tax regimes, rather in lieu of them, which is likely to be far more economically destructive.
Located in West Virginia's Northern Panhandle, Ohio County is a progressive, thriving community of business, industry, families and individuals.
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Bitcoin logo on circuit board, illustration. Last year, Ohio made news as the first state in the nation to accept tax payments using cryptocurrency. Less than a year later, the program has been suspended after accusations that it wasn’t properly vetted. The program was initially hailed as a model for the rest of the country. Under the terms of the program, if you operated a business in the State of Ohio, you could register at OhioCrypto.com to pay your taxes. The cryptocurrency payments were processed by a third-party payment processor, BitPa ...