PDF/Printer Friendly Version A recent Ohio Board of Tax Appeals (“Board”) decision provides a classic tale of you win one, you lose one. On April 5, 2021, the Board held that broadcast and media revenue earned by NASCAR was intellectual property within R.C. 5751.033(F) as NASCAR contended but found that the Tax Commissioner’s situsing of a portion of the revenue to Ohio based on a third-party resource was appropriate. NASCAR Holdings, Inc. v. McClain, No. 2015-263. NASCAR is

PDF/Printer Friendly Version On March 31, Governor DeWine signed Substitute Senate Bill No. 18 (“S.B. 18”) into law. The bill brings Ohio income tax law into conformity with recent changes to the Internal Revenue Code (“I.R.C.”) and contains a number of other provisions that may be of interest to Ohio taxpayers. I.R.C. Conformity S.B. 18 conforms Ohio law to the I.R.C as it exists on the bill’s effective date. Because S.B. 18 contains an emergency clause, it goes into effect