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26 Sep 2017, 6:41 am
For tangible personal property in Ohio prior to the four-year pro rata phasedown of the tax under HB 66, that rate was 25 percent for manufacturing machinery, equipment, furniture, and fixtures and 23 percent for inventory.[15] The structure of the state’s nine-bracket individual income tax remained the same under HB 66, but the rates did not. [read post]