(A) The Village of Columbus Grove shall grant a credit of one percent (1%) against its tax on income to a resident of the Village of ColumbusGrove who works in a joint economic development district created under Section 715.70, 715.71, or 715.72 of the ORC to the same extent that it grants a credit against its tax on income to its residents who are employed in another municipal corporation.
(B) If the amount of tax withheld or paid to the other municipality is less than the amount of tax required to be withheld or paid to the other municipality, then for purposes of division (A) of this section, "the income, qualifying wages, commissions, net profits, or other compensation" subject to tax in the other municipality shall be limited to the amount computed by dividing the tax withheld or paid to the other municipality by the rate for that municipality.
(Ord. 2015-9. Passed 12-28-15.)