Tax and Incentive Programs
Local Taxes
Sales - 1%-1.5%
Property 22.25 - 45.6 mills (35% of true value) estimated range
Local Income - 0 - 2%
Inventory 12.5% of true value. (phased out in 2009)
State Taxes
Sales - 5.5%
Corp. Inc./Franchise/CAT - 5.10% (phased out in 2010)
0.26% (.0026) OH Commercial Activity Tax
Unemployment (% of Payroll) - 2.70%
Tax Credit Programs
Ohio Job Creation Tax Credit
Research and Development Investment Tax Credit
Manufacturing Machinery & Investment Tax Credit (M&E Tax Credit)
Technology Investment Tax Credit
Ohio Training Tax Credit
Loan, Grant, Bond Financing and Other Programs
Numerous federal, state and local programs designed to foster economic development are available.
Local performance based incentives.
Tax Exemption Programs
Enterprise Zones
Community Reinvestment Areas
Research & Development
Manufacturing Machinery & Equipment
Warehouse Machinery & Equipment
Warehouse Inventory
Be Here. Get There.
The Columbus Chamber can help relocating companies through:
- Site selection assistance
- Available real estate
- Incentives and business tax information
- Key contacts and introductions
- Demographic, wage and economic data
- Regulatory navigation assistance
- Access to workforce training and recruitment resources
- Community tours/site visit
Contact our economic development team » 614.225.6067
Ohio's tax reform has substantially reduced the cost of doing business.
Find out more at ohiomeansbusiness.com.
Latest News
Mayor, City Council, Cyclists and Community Leaders Celebrate First Ever Bike Boulevard in Columbus
Columbus Named Top City Where Your Nest Egg Goes Farthest
Central Ohioians Embrace GreenSpot
City Continues to Retain Jobs Despite National Downturn
Supply Chain Survival Guide, Part II
Upcoming Events
Friday, Nov. 21; 7:30 a.m.
CRGF Investor Meeting
CSCC – Center for Workforce Development
Tuesday, Dec. 16; 4 p.m.
Logistics Industry Networking Event
Buckeye Hall of Fame Cafe
Tuesday, Dec. 16; 8 a.m.
Business Insights: Employee Free Choice Act Forum
Offices of Vorys, Sater, Seymour and Pease
Thursday, Dec. 18, 7:30 a.m.
Columbus Chamber Presents
BlueChip Economic Forecast
Tuesday, Feb. 24, 2009; 7:30 a.m.
Columbus Chamber Annual Meeting
Greater Columbus Convention Center
Latest Press Releases
Chamber Reports Third Quarter Increase in Employment
November 17,2008
Community Leaders, Businesses Celebrate Young Professionals
November 14,2008
Columbus Chamber Honors Small Business Leader Award Recipients
October 31,2008
Local Leaders Host Open House for Economic Development Hub
October 29,2008
Columbus Chamber Recognizes Small Business Leaders
October 9,2008
The Columbus Chamber Endorses Columbus City Schools Levy
September 17,2008
Chamber Appoints Executive Director
September 11,2008
Employment in the Columbus Region Increases During Second Quar
August 14,2008
Columbus MSA Employment Beats National Level, Increases 0.3 pe
May 13,2008
Economic Development Logistics Strategy Underway
April 25,2008
