(A) Where a resident taxpayer of the municipality is subject to a municipal income tax in another taxing municipal corporation he or she shall not pay a total municipal income tax on the same income greater than the tax imposed at the higher rate.
(B) Every individual taxpayer who resides in the municipality who receives municipal taxable income for work done or services performed or rendered outside the municipality, or who receives other municipal taxable income from sources outside the municipality, if it be made to appear that he or she has paid a municipal income tax on such municipal taxable income to another taxing municipal corporation, shall be allowed a credit against the tax imposed by this chapter of the amount so paid by him or her or in his or her behalf to the other taxing municipal corporation. The credit shall be allowed in an amount equal to the lessor of:
(1) The amount of such tax paid to such other taxing municipal corporation; or
(2) The tax assessed by this chapter on such municipal taxable income earned or derived in such other taxing municipal corporation or municipal corporations where such tax is paid. In no case shall the credit exceed the tax levied under this chapter on the resident taxpayer's municipal taxable income that is also subject to tax in another taxing municipal corporation.
(C) (1) A resident taxpayer who is an owner of a disregarded entity that does not conduct business in the municipality and that has paid, or has acknowledged liability for, an income tax in another taxing municipal corporation, may claim a credit equal to the lesser of the following amounts:
(a) The taxpayer's proportionate share of the amount, if any, of municipal income tax paid by the disregarded entity to another taxing municipal corporation in the State of Ohio; or
(b) The taxpayer's proportionate share of the amount of municipal income tax that would be imposed on the disregarded entity if the disregarded entity conducted business in the municipality.
(2) In no case shall the credit authorized by this division (C) exceed income tax assessed under this chapter.
(Ord. 15-77, passed 12-21-2015; Am. Ord. 2019- 04, passed 1-7-2019)