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Tax and Incentive Programs

Local Taxes

Sales - 1%-1.5%
Property 22.25 - 45.6 mills (35% of true value) estimated range
Local Income - 0 - 2%
Inventory 12.5% of true value. (phased out in 2009)

State Taxes

Sales - 5.5%
Corp. Inc./Franchise/CAT - 5.10% (phased out in 2010) 
0.26% (.0026) OH Commercial Activity Tax
Unemployment (% of Payroll) - 2.70%
Learn more about Ohio's Tax Reform

Tax Credit Programs

Ohio Job Creation Tax Credit
Research and Development Investment Tax Credit 
Manufacturing Machinery & Investment Tax Credit (M&E Tax Credit)
Technology Investment Tax Credit
Ohio Training Tax Credit

Loan, Grant, Bond Financing and Other Programs

Numerous federal, state and local programs designed to foster economic development are available. 
Local performance based incentives.

Tax Exemption Programs

Enterprise Zones
Community Reinvestment Areas
Research & Development
Manufacturing Machinery & Equipment
Warehouse Machinery & Equipment
Warehouse Inventory

Take the Retention Survey

Be Here. Get There.

The Columbus Chamber can help relocating companies through:

  • Site selection assistance
  • Available real estate
  • Incentives and business tax information
  • Key contacts and introductions
  • Demographic, wage and economic data
  • Regulatory navigation assistance
  • Access to workforce training and recruitment resources
  • Community tours/site visit

Contact our economic development team » 614.225.6067

Low cost in Ohio Ohio's tax reform has substantially reduced the cost of doing business.
Find out more at ohiomeansbusiness.com.

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Upcoming Events

Friday, Jan. 23, 2009
Contacts to Contracts Matchmaker Event
Liebert Learning Center

Wednesday, Jan. 28; 7:30 a.m.
Columbus Chamber Presents: Tom Pelto, President AT&T Ohio
Athletic Club of Columbus

Tuesday, Feb. 24, 2009; 7:30 a.m.
Columbus Chamber Annual Meeting
Greater Columbus Convention Center

Latest Press Releases

Columbus Chamber of Commerce to Issue Economic Forecast The
December 16,2008

Chamber Reports Third Quarter Increase in Employment
November 17,2008

Community Leaders, Businesses Celebrate Young Professionals
November 14,2008

Columbus Chamber Honors Small Business Leader Award Recipients
October 31,2008

Local Leaders Host Open House for Economic Development Hub
October 29,2008

Columbus Chamber Recognizes Small Business Leaders
October 9,2008

The Columbus Chamber Endorses Columbus City Schools Levy
September 17,2008

Chamber Appoints Executive Director
September 11,2008

Employment in the Columbus Region Increases During Second Quar
August 14,2008

Columbus MSA Employment Beats National Level, Increases 0.3 pe
May 13,2008

Economic Development Logistics Strategy Underway
April 25,2008

Columbus Internships

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