Who is not subject to the CAT?
Excluded from the CAT are:
- Non-profit organizations,
- Most governmental entities,
- Some public utilities (telegraph company, natural gas company, pipe-line company, water-works company, heating company, combined company [excludes electric]),
- Dealers in intangibles that pay the Ohio dealers in intangibles tax,
- Financial institutions that pay the corporation franchise tax,
- Insurance companies that pay the insurance premiums tax,
- Certain affiliates of financial institutions, and
- Businesses with less than $150,000 of taxable gross receipts (unless they are part of a “consolidated elected taxpayer” or “combined taxpayer”).
Beginning in 2014, excluded from the CAT are:
- Non-profit organizations,
- Most governmental entities,
- Some public utilities (telegraph company, natural gas company, pipe-line company, water-works company, heating company, combined company [excludes electric]),
- Financial institutions that pay the financial institution tax,
- Insurance companies that pay the insurance premiums tax,
- Certain affiliates of financial institutions, and
- Businesses with less than $150,000 of taxable gross receipts (unless they are part of a "consolidated elected taxpayer" or "combined taxpayer").
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