Corporation Franchise Tax
Corporate Franchise Tax Tables: Refundable and
Nonrefundable Tax Credits Claimed, Tax Year 2009
The CF-Credits table is a supplement to the CF1-5 tax data
series. 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, as is the manufacturing grant. Values
are shown on both a pre phase-out factor and a post phase-out
The nonrefundable tax credits shown include the coal credit
for electric companies, the job training credit, the small
telephone company credit, and all other credits (see the
table for a complete list of other available credits).
There were 151 nonrefundable credits claimed amounting to
$2.0 million (after the phase-out factor).
There were 81 corporate franchise taxpayers claiming the
refundable job creation tax credit in tax year 2009,
amounting to $12.5 million.
Lastly, there were 918 corporate franchise taxpayers claiming
the nonrefundable manufacturing grant amounting to $8.1
The data shown on these tables were compiled from returns
(form FT-1120) filed for tax year 2009 with the Ohio
Department of Taxation.