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The business and occupation tax (often abbreviated as B&O tax or B/O tax) is a type of tax levied by the U.S. states of Washington, West Virginia, and, as of 2010, Ohio, [1] and by municipal governments in West Virginia and Kentucky. [2] It is a type of gross receipts tax because it is levied on gross income, rather than net income.
The Ohio Department of Taxation is the administrative department of the Ohio state government [1] responsible for collection and administration of most state taxes, several local taxes and the oversight of real property taxation.
Vienna Center (/ v aɪ ˈ ɛ n ə /, sometimes simply Vienna) is an unincorporated community and census-designated place in central Vienna Township, Trumbull County, Ohio, United States. The population was 622 at the 2020 census .
(The Center Square) – A trade association that promotes small businesses around Ohio and the country wants to highlight the impact of small businesses on their community as the holiday shopping ...
This tax applies to a "dividend equivalent amount," which is the corporation's effectively connected earnings and profits for the year, less investments the corporation makes in its U.S. assets (money and adjusted bases of property connected with the conduct of a U.S. trade or business). The tax is imposed even if there is no distribution.
Any errors will delay tax payments or tax refunds owed to you. If needed, request an extension : If you need a bit more time to get your tax documents in order, you can easily request a six-month ...