Course description
Ohio Commercial Activity Tax
Gain a better understanding of the reporting requirements of the commercial activity tax in Ohio. Even though Ohio’s Commercial Activity Tax has been around since July, 2005 it is still a tax that many taxpayers are overpaying. When the Commercial Activity Tax was originally enacted the tax was being phased in and the rates were very minor, taxpayers adopted policies to assist in preparing the tax but these policies and reports have not changed over the years as the tax has been fully phased in. As such taxpayers are overstating Ohio receipts and overstating their Commercial Activity Tax. This topic will assist the Commercial Activity Tax taxpayer in determining if they are in compliance with the Commercial Activity Tax. This content will provide you with the required information to step back and challenge the amount of Ohio receipts being reported and identifying potential refund opportunities.
Learning Objectives
Do you work at this company and want to update this page?
Is there out-of-date information about your company or courses published here? Fill out this form to get in touch with us.
Who should attend?
Training content
- History of Commercial Activity Tax
- When Enacted
- Filing Requirements – Bright Line Nexus
- Due Dates – Electronic Filing RequirementsDetermining Filing Method
- Are You a Sole Proprietor, Combined Filer or Consolidated Filer
- What Are the Advantages – What Are Disadvantages
- What If Filing Method ChangesSourcing Commercial Activity Receipts
- What Is Included in Receipts
- Receipts From Sales of Tangible Personal Property
- Receipts From Performance of a ServiceAudit Issues
- Hidden Receipts
- Combined/Consolidated FilingFuture Considerations
- Pending Court Cases
- Voluntary Disclosure
- Refund Opportunities
Costs
Contact this provider
Lorman Education Services - Live and On-Demand Courses
Lorman Education Services is a leading provider of online professional development and corporate training for organizations and individual professionals. For more than 30 years, Lorman has delivered relevant, high-quality, professional-level courses that cover a broad range of business and technical...