Ohio Budget Legislation Increases Taxpayer Cap for State OZ Tax Credit
Tuesday, July 6, 2021 - 10:30am
Budget legislation signed by Ohio Gov. Mike DeWine includes a provision increasing the state opportunity zones (OZ) tax credit taxpayer cap per fiscal biennium to $2 million. The budget legislation retained the statewide cap of $50 million per fiscal biennium, but doubled the amount a single taxpayer can claim. The 10% credit is for investments in qualified opportunity funds that hold 100% of their invested assets in Ohio.
State and local incentives for OZ investment will be among the topics at the Novogradac 2021 Fall Opportunity Zones Conference Oct. 21-22 in Cleveland.
Notes from Novogradac
Thursday, April 21, 2022
Tuesday, April 19, 2022
Tuesday, April 19, 2022
Podcast Episodes
Posted on June 28, 2022
Posted on June 21, 2022
Posted on June 14, 2022