House Bill 5 becomes law!
Ohio’s municipal income tax system has long been an area of frustration and burden for Ohio's business community. House Bill 5, signed into law Dec. 19, 2014, is a great example of CPA leadership in action and demonstrates the power of a strong and unified voice for the profession.
Gov. Kasich signs House Bill 5 into law on Dec. 19, 2014 surrounded by OSCPA staff and other supporters.
OSCPA led these efforts, working with the Municipal Tax Reform Coalition, a partnership of 30+ organizations in Ohio driving reform of Ohio’s municipal income tax code. Together, they represent a large share of the business and individual taxpayers who are the lifeblood of Ohio’s economy.
Since 2014, OSCPA has continued to work for additional fixes to the most complicated municipal tax structure in the nation.
Read a summary of key H.B. 5 provisions. Most were effective Jan. 1, 2016.
Contact the Governmental Affairs team for more information on this and other legislative priorities:
Latest news on municipal income tax reform:
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Nov 29, 2018
The bill is a response to the Ohio Department of Taxation’s interpretation that the state sales and use tax can be applied to certain electronic information services and automatic data processing.
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Nov 16, 2018
The state Tax Expenditure Review Committee on Nov. 13 released its first report on credits, deductions and exemptions that all together cost the state more than $9 billion in foregone revenue.
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Nov 08, 2018
The Ohio Department of Taxation has announced that registration is open for the municipal net profit tax filing for the 2019 tax year.