(A) Every individual taxpayer domiciled in City of Harrison who is required to and does pay, or has acknowledged liability for, a municipal tax to another municipality on or measured by the same income, qualifying wages, commissions, net profits or other compensation taxable under this chapter may claim a nonrefundable credit upon satisfactory evidence of the tax paid to the other municipality. Subject to division (C) of this section, the credit shall not exceed one-half percent (.5%).
(B) City of Harrison shall grant a credit against its tax on income to a resident of City of Harrison who works in a joint economic development zone created under Section 715.691 or 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.
(C) 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 tax rate for that municipality.
(D) This version of the Ordinance shall expire on December 31, 2024 and shall be replaced by a version that does not grant a credit for income tax paid to another municipality.
(E) Effective January 1, 2025. No credit and/or deduction is provided to City of Harrison residents for municipal income taxes paid to any other municipalities, and no credit and/or deduction is provided against the City’s municipal income tax for any county income taxes paid.
(Ord. 16-23. Passed 12-18-23.)