Municipal tax reform bill looks to cost city of Athens over $200K – The Athen News

Posted on: December 18th, 2014

“A municipal tax uniformity law opposed by local officials and area lawmakers has passed in the Ohio General Assembly and is heading to the desk of Gov. John Kasich for his signature.

House Bill 5 revamps the state’s municipal income tax system, aiming to standardize and streamline various rules and regulations, making them uniform across the state.

While business interests have pushed for the changes, arguing that the current situation is burdensome for businesses that operate in multiple municipalities, the Ohio Municipal League opposed the legislation, pointing to lost revenues as a result of the changes.

In the city of Athens alone, Tax Administrator Tina Timberman said Friday that the changes could result in over $200,000 in lost revenue. Municipalities around the state of Ohio, she said, could lose a total of $85 million with the changes…”

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