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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%
Learn more about Ohio's Tax Reform

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

Take the Retention Survey

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

Low cost in Ohio Ohio's tax reform has substantially reduced the cost of doing business.
Find out more at ohiomeansbusiness.com.

Latest News

Norfolk Southern's Heartland Corridor rail route to Columbus finishes final link

Columbus Chamber, Small Business Council Now Accepting Applications for the 2010 Small Business Leader Awards

Chamber's YP Manager Named to Alive's 2010 People to Watch

Upcoming Events

Sept. 14; 3-5 p.m.
Hosting an Effective Internship

Tuesday, Sept. 14, 2010; 9 a.m. - 12 p.m.
Logistics Industry Job Fair

Tuesday, Sept. 14; 4 - 7 p.m.
Logistics Networking Night

Latest Press Releases

Columbus Chamber Reports Second Quarter Employment Increase
August 17, 2010

Chamber Leader to Step Down
June 22, 2010

Study: Midwest Records Solid Metrics in Employment, Housing
May 25, 2010

Columbus Internships

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