PDF/Printer Friendly Version Effective June 20, 2019, the Department of Taxation has revised Commercial Activity Tax (CAT) Ohio Administrative Code 5703-29-14 (“Rule”), which addresses the definition of “cash discounts.” Cash discounts are an allowable exclusion from the definition of gross receipts as provided in Ohio Revised Code 5751.01(F)(2)(bb) (formerly 5751.01(F)(4)(a)).
The Department updated the Rule to further explain the Department’s interpretation of when cash d
PDF/Printer Friendly Version Recently, the Ohio Board of Tax Appeals issued its Decision and Order in Time Warner Cable Inc. & Subs., et al., v. City of Cincinnati, et al., BTA Case No. 2017-1448 (May 31, 2019), holding that a taxpayer was entitled to include all members of the taxpayer’s federal consolidated group in its City of Cincinnati consolidated net profit tax return. This decision related to a tax year prior to the effective date of Sub. H.B. 5, which established un