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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.
In December 2015, the LCBO authorized some supermarkets to sell cider, wine, and beer within their grocery aisles, substantially weakening their and The Beer Store's long near-monopoly statuses. [12] [13] As of December 9, 2016, nearly 130 grocery stores had been licensed to do so; 450 were expected to be licensed by 2020. [14]
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Ohio has been named among the Top 10 states in the nation to start a small business in 2024, according to a recent study. Here's why. Ohio is a Top 10 state to start a small business, new study says.
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(The Center Square) – Ohio’s largest single job creation project in state history could receive more than $450 million in tax breaks. The Ohio Tax Credit Authority approved a 2.594%, 30-year ...