Corporation Franchise Tax
Corporate Franchise Tax Tables
Refundable and Nonrefundable Tax Credits Claimed, Tax Year
2002
The attached corporate franchise tax table was created as a
supplement to the CF1-5 tax data series tables for tax year
2002. It provides detail on the tax credits claimed by
general (non-financial institution) corporate franchise
taxpayers.
Both refundable and nonrefundable credits are shown in the
table. The job creation tax credit is the only refundable
credit in tax year 2002; there were 240 corporate franchise
taxpayers claiming this credit, amounting to $33.1 million.
The nonrefundable tax credits shown include the manufacturing
investment credit, the Ohio coal credit for electric
companies, the export sales credit and other miscellaneous
credits (see the table for a complete list). There were 2,521
nonrefundable credits claimed amounting to $109.1 million.
The data shown on these tables were compiled from returns
filed for tax year 2002 with the Ohio Department of Taxation.
- Download Corporate Franchise Tax Credits, tax year 2002
(CF-CREDITS.xls)
- Download Corporate Franchise Tax Credits, tax year 2002
(CF-CREDITS.PDF)