House Bill 5 becomes law!
Ohio’s municipal income tax system has long been an area of frustration and burden for Ohio's business community. House Bill 5, signed into law Dec. 19, 2014, is a great example of CPA leadership in action and demonstrates the power of a strong and unified voice for the profession.
Gov. Kasich signs House Bill 5 into law on Dec. 19, 2014 surrounded by OSCPA staff and other supporters.
OSCPA led these efforts, working with the Municipal Tax Reform Coalition, a partnership of 30+ organizations in Ohio driving reform of Ohio’s municipal income tax code. Together, they represent a large share of the business and individual taxpayers who are the lifeblood of Ohio’s economy.
Since 2014, OSCPA has continued to work for additional fixes to the most complicated municipal tax structure in the nation.
Read a summary of key H.B. 5 provisions. Most were effective Jan. 1, 2016.
Contact the Governmental Affairs team for more information on this and other legislative priorities:
Latest news on municipal income tax reform:
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Feb 01, 2019
The Ohio Society of CPAs this week sent a letter to Ohio’s Congressional Delegation urging them to provide relief to taxpayers in the wake of tax reform and the recent federal government shutdown.
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Jan 29, 2019
In a win for Ohio’s CPA profession – and Ohio taxpayers – the state’s 10th District Court of Appeals on Jan. 29 upheld a lower court decision supporting the constitutionality of centralized collection of municipal net profits taxes and other municipal tax reforms adopted in recent years by the Ohio General Assembly.
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Jan 23, 2019
Ohio businesses with a taxable year that begins on Dec. 1 that want to file their 2019 municipal net profit tax return with the Ohio Department of Taxation must register by midnight, Feb. 1.