Tax Data Series

Corporation Franchise Tax

Corporate Franchise Tax:  Number of Manufacturing Corporations and Reported Tax Liability by Tax Base, Tax Year 2009

These tables show a total of 10,639 manufacturing corporatiions with a total reported post-80 percent phase-out tax liability of $85.5 million, net of tax credits and the manufacturing grant. Approximately 86 percent of the manufacturing tax liability was based on net income while 10 percent was paid on the net worth base. The remaining liability was collected from the minimum tax.

Tables CF-3A and 3B show the number of corporations and the reported total tax liabilities by tax base for each of the manufacturing categories.

Tables CF-4A and 4B show the manufacturing returns by the size of the reported tax liability per return. The number of corporations and total tax liability are shown for each of the alternative tax bases for 18 tax liability classes.

The data shown on these tables were compiled from returns (form FT-1120) filed for tax year 2009 with the Ohio Department of Taxation.