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(The Center Square) – Ohio Attorney General Dave Yost is at odds with state business groups over state liquor sale profits funneled to a private, nonprofit organization for economic development ...
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]
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.
Tax treaties do not apply to state taxes. Under the U.S. Constitution, states are prohibited from taxing the income of a resident of another state unless the connection with the taxing state reaches a certain level (called "nexus"). [13] Most states do not tax non-business income of out-of-state corporations.
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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