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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

Marysville named one of the most affordable suburbs in America

Ohio Wins Site Selection Magazine's Governor's Cup Award for 2009

Member Connection - Monthly Newsletter

Upcoming Events

March 11, 2010; 4:00 - 5:30 p.m.
Young Professionals' Exchange

March 23, 2010; 8:30 - 10 a.m.
Hosting an Effective Internship - Webinar Part 2

Friday, March 26, 2010; 7:30 a.m.
Member Orientation: What's in it for me?

Latest Press Releases

Economic Future Topic of Columbus Chamber Annual Meeting
February 24, 2010

Columbus Chamber Reports Fourth Quarter Employment Decrease
February 19, 2010

Columbus Chamber to Offer Internship Workshops for Employers
February 11, 2010

Columbus Internships

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