Important Changes to the Ohio Commercial Activity Tax

Important Changes to the Ohio Commercial Activity Tax

Pursuant to Am. Sub. H.B. 33 of the 135th Ohio General Assembly, the Commercial Activity Tax (CAT) underwent major changes beginning January 1, 2024.  For tax periods beginning on and after January 1, 2024, the CAT annual minimum tax is eliminated, and the exclusion amount is increased from $1 million to $3 million.  For calendar year 2025 and thereafter, the exclusion amount is increased to $6 million. 

To learn more about these changes, please click the link below: 
Changes to Ohio’s Commercial Activity Tax