(a) When the income of a resident is subject to an income tax in another municipality or state (other than Ohio) on the same income taxable under this Chapter, such resident shall be allowed a credit against City income tax equal to one percent (1%) of such income; provided, however, in cases where the income tax rate of the other municipality or state (other than Ohio) is less than one percent (1%), the credit against City income tax shall equal the product of (i) the income tax rate imposed by such other municipality or state (other than Ohio) and (ii) the income that is subject to tax by the City and such other municipality or state (other than Ohio). For the purposes of this Section 880.15, the income of a resident includes the resident's distributive share of net profit from a pass-through entity.
(c) To the extent not set forth in Section 880.15(a), a taxpayer may claim any credit against City income tax that the City is required to grant under Chapter 718 of the Ohio Revised Code.
(d) A claim for credit or refund under this section shall be allowed only to the extent that the resident demonstrates that an income tax was paid to another municipality or state (other than Ohio) on the same income that is also subject to City income tax.
(Ord. 72-15. Passed 9-28-15.)