Tax Break Tracker Individual Entry
Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State:
Ohio
Reporting Jurisdiction:
Ohio
Jurisdiction type
:
State
:
Fiscal year ending In:
2018
Program name:
Motion Picture Tax Credit
Program purpose:
Film production
:
Statutory authority:
Ohio Revised Code 122.85
:
Abating jurisdiction(s):
State of Ohio
:
Applicable taxes:
Income Tax; Insurance Tax; Financial Institutions Tax; Foreign Insurance Tax
Method of abatement:
Tax credit
:
Provisions for recapture:
No tax credits may be taken until the production is complete and a report has been filed showing the expenses that were incurred, which provides the basis for determining the amount of the tax credit. The Department of Taxation has the authority, under Ohio Revised Code 122.85(C)(3), to examine the claimed expenses for validity.
:
Gross revenue loss:
$15,839,000
:
Reimbursement / offset:
$0
:
Net revenue loss:
$15,839,000
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
