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
corporations 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
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.