Ashland County, Ohio   Taxation
Corporate Income Tax/Franchise Tax	State (1)	Local (2)
Greater of:             Net Worth	4.0 mills capped at $150,000	Any type of business doing business within City Limits is subject to a 1.5% income tax on net profits after all allowable deductions are taken.
Net Income	5.1% of first $50,000 plus 8.5%in excess of $50,000.
Federal Taxes Deductible	No
Accelerated Depreciation Permitted (yes or no)	Yes (No Bonus Depreciation)
State Litter Tax Rates	Non Litter Stream Corporation	Manufacturers of littler stream products*
Greater of:             Net Worth	.14 mill	.14 mill
Net Income	11% of first $50,000 plsu.22% in excess of $50,000 capped at $5,000.	.22% on income in excess of $50,000 capped at $5,000.
*Litter products include general beverages, beverage containers and packaging, take-out food packaging, tobacco products, candy and gum
Personal Income Tax	State (1)	Ashland City (2)
Ohio Taxable Income:
0-$5,000	0.68%	There is a flat tax rate of 1,5% for anyone over 16 years old working or living within city limits.
$5,000-$10,000	$34.05 plus 1.361% of excess over $5,000
$10,000-$15,000	$102.10 plus 2.722% of excess over $10,000
$15,000-$20,000	$238.20 plus 3.403% of excess over $15,000
$20,000-$40,000	$408,35 plus 4.083% of excess over $20,000
$40,000-$80,000	$1,224.95 plus 4.083% of excess over $40,000
$80,000-$100,000	$3,130.55 plus 5.444% of excess over $80,000
$100,000-$200,000	$4,219.35 plus 6.32% of excess over $100,000
Over $200,000	$10,539.35 plsu 6.87% of excess over $200,0000
Sales/Use Tax Rate
State	5.50%
Local	1.25%
Total	6.75%
Sales Tax collected by County (2006) (4)	$7,399,365.33
Public Utility Excise Tax Total:	$4,933,250.13
All Utilities Except Pipelines	4.75% of Gross Receipts
Pipeline Industries	6.75% of Gross Receipts
Telephone
Local	None
Long Distance In State	Regular Sales Tax Rate
Long Distance Out of State	Regular Sales Tax Rate
Subject to Sales/Use Tax (5)
Production Machinery & Equipment	Exempt
Non-Production Machinery & Equipment	Taxable
Pollution Control	Exempt	Must have approved Pollution Certificate from Tax Comission
Raw Materials	Exempt
Office Furniture/Fixtures:
Computer Equipment	Taxable	Taxable when use is general office rather than production
Workstations	Taxable
Telephones:
Equipment	Taxable
Lines	Taxable
Installation	Taxable
Telephone Calls:
Local	Exempt	If provided by a Public Utility
Intrastate	Taxable
Interstate	Taxable
Outbound WATs:**		There is an exemption for call centers
In State	Taxable
Out of State	Taxable
In Bound 1.800
In State	Taxable
Out of State	Taxable
Office Building Construction Materials	Taxable	Construction contractor is responsible for payment of tax on materials incorporated into the real property
Industrial Building Construction Materials	Taxable
Company Vehicles	Taxable	Unless offraod vehicle is used to transport products between stages of production
Standard Software	Taxable	Applies to "prewritten computer software."
Custom Software	Exempt
Application	Exempt
System	Taxable
Utilities:
Electrical Power	Exempt	If provided by a Public Utility or used in production process
Natural Gas	Exempt	If provided by a Public Utility or used in production process
Water	Exempt	If provided by a Public Utility or used in production process
Sewer	Exempt	If provided by a Public Utility
Intangible Property
Describe What is Subject to Tax Rate (e.g. Accounts Receivable, Capital Stock)	Ohio does not tax Intangible Property
Basis & Rate
Stock Bond Transaction Fee (yes or no & its yes rate)
Tangible Personal Property Tax Rates per $1,000 in 2006 (3) * being phased out in 2009	Ashland Corp.	Bailey Lakes Corp.	Savannah Corp.	Perrysville Corp.	Hanover Corp.	Polk Corp.	Mifflin Corp.	Jeromesville Corp.	Haysville Corp.	Other (Ranges)
Township Milage	N/A	1.2	1.2	3.7	0.4	0.8	2.25	0.5	2.5	1.8-9.40
County Milage	8.5	8.8	8.8	8.8	8.8	8.8	8.8	8.8	8.8	8.8
School Milage	62.25	49.4	49.4	40.54	40.54	48.8	49.4	49.4	49.4	33.80-56.83
Fire District	N/A	2.7	2.7	N/A	N/A	3.6	N/A	5.5	N/A	0.00-5.40
J.V.S. Rate	4.1	4.7	4.7	4.1	4.1	4.1	4.1	4.1	4.1	3.05-4.70
Corp. Rate	3.9	1.4	1.4	2.1	12.6	2.3	1	5.9	4.6	0
Effective Rate per $1,000	67.45	69	69.6	52.4	59.5	67.2	66.15	70.8	68.5	50.10-76.68
Assessment Ratio (%)	25%	25%	25%	25%	25%	25%	25%	25%	25%	25%
Amount Collected by Ashland county in 2006 (4)	5,422,704.36
** First $10,000 of otherwise taxable Value is exempt from taxation.** For additional information on the Tangible Personal Property Tax, Contact the Ohio Department of Development
Effective Real Property Tax Rate per $1,000 (3)
Residential & Agricultural 2006 Rate	46.8	41.43	42.03	45.01	47.92	41.24	45.12	49.78	47.25	38.13-50.89
All Other 2006 Rate	46.85	42.28	42.88	46.71	50.79	41.96	48.08	53.64	50.45	39.83-56.34
Assessment Ratio (%)	35%	35%	35%	35%	35%	35%	35%	35%	35%	35%
Amount Collected by Ashland county in 2006 (4)	37,892,333.02
Subject to Personal Property Tax (5)
Production Machinery & Equipment	Taxable
Non-Production Machinery & Equipment	Taxable
Pollution Control	Exempt
Inventory
Raw Materials	Taxable
Work in Progress	Taxable
Finished Goods	Taxable
Freeport Legislation	Exists
Applicable to Warehousing	Yes
Applicable to Manufacturing	No
Goods Stored in a Public Warehouse	Yes
Office Furniture-Fixtures
Computer Equipment	Taxable
Workstations	Taxable
Telephones	Taxable
Furniture	Taxable
Company Vehicles	Exempt
Standard Software	Taxable
Custom Software	Exempt
1. Information given via telephone interview with Ohio Department of Taxation.
2. Information obtained from city Income Tax Office.
3. Information obtained from Ashland County Auditor's Office.
4. Information obtained from Ohio Department of Taxation Website.
5. Information given by Ohio Department of Taxation
Data compiled by the Ashland Area Council for Economic Development Updated 2007