Ohio’s Taxes Among the Most Business-Friendly in the Nation

Incentives & Taxes

  • Ohio has eliminated corporate profit and franchise taxes.
  • No taxes on new machinery and equipment
  • No taxes on out-of-state sales
  • No taxes on inventory
  • Flat tax for companies with sales between $150,000 and $1 million

State tax rates are:

  • No corporate income tax
  • 5.75% state sales tax
  • Personal income tax system consists of nine brackets and a top individual income tax rate of 5.33%
"We found highly qualified, skilled workers right out of the gate."