Pursuant to the passage of Amended Substitute House Bill 5 in December 2014, new state-mandated municipal income tax guidelines have been established effective with tax returns due for tax years beginning January 1st, 2016 and after.
Read through Ohio Revised Code Chapter 718, effective January 1st, 2016. Please reference this document to determine how the new state-mandated changes affect you.
Important to Know
The new tax code “Chapter 39.60” goes into effect on January 1, 2016 and will apply to tax year 2016 and forward. The current tax code “Chapter 39.50” will continue to be in effect and will apply to tax years 2015 and prior.