Premium Membership 
Free Membership
Small Business Guide 
Controlling Your Taxes Your State Tax Obligations Ohio Taxes on Business Income in Ohio
Controlling Your Taxes Your State Tax Obligations Ohio Taxes on Business Income in Ohio
Back
Share this!
PrintTaxes on Business Income in Ohio
As in every other state, the state of Ohio has various types of taxes. All of these tax types are full of exceptions and extremely specific requirements. Below we have gone through the major tax types that affect small businesses. Our intent is to give you a general understanding of when the various taxes will apply to you and what they will mean to your business.
- Franchise tax is required from most corporations doing business in Ohio.
- Income tax on business income computed based upon corporate taxable net income is required in Ohio.
- Personal income tax, based on a person's income, ranges from 0.649 percent to 6.555 percent of taxable income in Ohio.
