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INCENTIVE DESCRIPTION
| State: | OH |
| Incentive Type: | Income/Franchise Tax Incentives and Credits |
| Incentive Title: | Factor Relief |
| Description: | ENTERPRISE ZONE: A company that meets the program requirements and qualifications under the Ohio Enterprise Zone program is entitled to take reductions in its payroll and property apportionment factors in calculating its corporate franchise tax liability. |
| Eligibility Requirements: | A company must have been approved for property tax abatements under the Ohio Enterprise Zone Program and created new jobs. Twenty five percent of the new jobs must be filled by persons that qualify under one of five specific designations. |
| Geographic Restrictions: | Ohio Enterprise Zones |
| Granting Authority: | Ohio Department of Development |
| The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
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