Municipal Net Profit Tax

FAQ's

What is the municipal net profit tax?What is the state-administered municipal net profit tax?How will the state-administered municipal net profit tax work?How can I contact the Department of Taxation with questions about the municipal net profit tax?Who can opt-in for the state-administered municipal net profit tax?What is the first tax year I can opt-in for the state-administered municipal net profit tax?How can I opt-in for the state-administered municipal net profit tax?When can I opt-in for the state-administered municipal net profit tax?How do I register with the Department of Taxation?I registered for the municipal net profit tax, what is my account number and when will I receive a registration confirmation?How much does it cost to register with the Department of Taxation?What identification number do I use if I do not have a FEIN?How do I notify a municipal corporation that my business opted-in with the state?How long am I bound by an election to opt-in?Can I opt-in with the state to file a return for some municipal corporations and continue to file directly with the city for other municipal corporations?How do I determine the municipal corporation in which my business is located?What are the due dates of estimated payments?What are the due dates of estimated payments if I have a short taxable year?What is the minimum amount of tax due that may require an estimated payment?Do I have to make a payment when I file my tax return?How do I file and pay?When is the return due?Can I request an extension for filing my tax return?Can I file a consolidated net profit tax return?If I elected to file a consolidated return in a municipal corporation prior to opting-in with the Department, must I continue to file a consolidated tax return? Can I file a consolidated tax return in one municipal corporation and on a separate basis in another municipal corporation? What is apportionment?How do I request alternative apportionment?What if I have a special filing agreement with a municipal corporation?I am a tax preparer and several of my clients have opted-in. Will I be able to upload their tax returns directly from the tax package I use, or will I need to key the information into the Ohio Business Gateway?What is a JEDD or JEDZ?What do I do if I change my taxable year?What if I am a new business?What if I begin doing business in a new municipal corporation in the middle of the year?How do I request a refund?What will happen to my credit carry forward from my last return filed with the municipal corporation?What if my payment is late?How long must I maintain my tax records before they can be destroyed?What is an assessment?How long do I have to pay an assessment?How do I contest an assessment?If I file an appeal, must I drive to Columbus for the hearing?If I opt-in for the state-administered municipal net profit tax, will I still be required to comply with requests for information and pay bills and assessments issued by municipal corporations or third-party administrators?Will the Department offer a voluntary disclosure program for the municipal net profit tax?
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