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Tax increments may not be less than 0.25%, and the total tax rate, including the state rate, may not exceed 8.75%. County permissive taxes may be levied by emergency resolution of the county boards of commissioners. Transit authority taxes must and county permissive taxes may be levied by a vote of the electors of the district or county.
Tax exemption generally refers to a statutory exception to a general rule rather than the mere absence of taxation in particular circumstances, otherwise known as an exclusion. Tax exemption also refers to removal from taxation of a particular item rather than a deduction. International duty free shopping may be termed "tax-free shopping". In ...
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year. [53] Exemptions can be quite substantial.
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The Montgomery County Democratic Central Committee owes approximately $14,000 in fines to the Internal Revenue Service for two years of unpaid federal taxes, a budget document shows — but ...
City of Dayton and Miami Township (Montgomery County), effective January 1, 2006 "to promote economic development around the Dayton-Wright Brothers Airport". City of Milford and Union Township (Clermont County) to include a 1% income tax at the Ivy Pointe business park .