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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Jul 19, 2018
The Ohio Department of Taxation this week issued a reminder to all commercial activity tax (CAT) practitioners and taxpayers that the second quarter 2018 CAT return is due Aug. 10.
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Jul 05, 2018
The Ohio Society of CPAs and other business groups on Monday filed an amicus brief detailing further arguments for the need for the centralized collection and administration of the municipal net profits tax.
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Jul 05, 2018
Gov. Kasich on June 29 signed House Bill 133 into law, making official an OSCPA-requested fix of an unclear tax policy that was costing businesses money.