State Sales & Use Tax Collections for Industries Related to Travel & Tourism, according to Section 5, Am. Sub. S.B. 314, 129th General Assembly, Second Quarter, Fiscal Year 2014

The Ohio Department of Taxation is required, under Section 5, Am. Sub. S.B. 314, 129th General Assembly, to summarize and publish state sales and use tax collections for certain industries related directly and indirectly to travel and tourism, by industrial classification. The following table covers tax collections for October through December 2013.

The table includes all types of sales and use tax accounts, including “direct payment” and “consumer use” accounts in which the appropriate tax is paid directly by the purchaser, rather than the seller, to the state. Because such purchasers are included in this table, many industries not typically involved in making taxable retail sales are represented.

For the second quarter of fiscal year 2014, state sales and use tax collections totaled approximately $196.2 million. This compares to state sales and use tax collections that totaled approximately $180.6 million for the second quarter of fiscal year 2013.  Tax collections ranged from a high of approximately $86.4 million by full-service restaurants to a low of approximately $17.6 thousand by water transportation. 

The state sales and use tax rate increased from 5.5% to 5.75% effective September 1, 2013. 

Figures shown in this publication are from records of the Ohio Department of Taxation.