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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

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Dublin, Ohio Named One of Top Seven International Intelligent Communities

Upcoming Events

Tuesday, Feb. 16, 2010; 8:30 – 10 a.m.
Getting Started With Interns

Wednesday, Feb. 24, 2010; 7:00 a.m.
Columbus Chamber Annual Meeting
Greater Columbus Convention Center

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

Latest Press Releases

Columbus Chamber Announces 2010 Annual Meeting
February 3, 2010

Chamber Applauds Legislature’s Action on Third Frontier
February 3, 2010

Columbus Economy Expected to Resume Growth in 2010
January 6, 2010

Columbus Internships

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