Industry Specific Tax Information
Ohio's key industries benefit from tax reform.
Ohio Tax Reform Pages
- Impact of Ohio's Tax Reform
- Support from Ohio's Leaders
- Global Economy
- Business Tax Climate Index
- Industry Specific Tax Information
- Agribusiness
- Automotive
- Biotechnology
- Logistics
- Manufacturing
- Polymers & Chemicals
- Professional Services
- Expansion and Investment Figures
- The Bottom Line
- FAQ
- Ohio Tax Reform Ad
- Companies that Choose Ohio
Ohio Tax and Incentive Resources
Contact Us
Ohio Sales Manager - Matt McQuade
(614) 857-0900 ext. 231
Ohio's new tax structure is designed to enable Ohio-based companies to be even more competitive in the global economy. The tax structure has been described as "profit friendly" and for good reason. For most industries, the new tax structure translates into a significant reduction in business tax liability. Working dollars that were previously expensed as taxes can now be redeployed to support capital investment and other company needs.
The specific impact of the new tax structure does vary by industry. The following pages share scenarios for a number of industries. The intent is simply to provide additional perspective for consideration. Capital investors can get a precise look at the impact of Ohio's new tax structure by requesting a customized analysis from the Office of Business Development at the Ohio Department of Development by calling 1-877-466-4551.
In the following cases, the tax structures for Michigan, Indiana, Illinois, Wisconsin and Minnesota reflect the tax law in place during calendar year 2007. When city data was required, the following city data was referenced — Monroe, Ohio; Springfield, Illinois; Indianapolis, Indiana; Eau Claire, Wisconsin; Rochester, Minnesota; and Ann Arbor, Michigan.