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Old 09-09-2008, 08:13 AM
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How many Corporation Income Tax Rates does Ohio State have for the Tax Year 2008?

For the Tax Year 2008, Ohio State has 2 Corporation tax rate brackets, ranging from 5.1% at the lowest rate to 8.5% at the highest rate.

Ohio State also imposes what is known as the "Commercial Activity Tax (CAT) that equals $150 for gross receipts between $150,000 and $1 million, plus 0.26% of gross receipts over $1 million. The CAT applies to 60% of receipts through March 31, and 80% for the remainder of the year."

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