(a) Every individual taxpayer who resides in the City and receives net profits, income, salaries, wages, commissions, or other personal service compensation for work done or services performed or rendered outside of the City, if he has paid a municipal income tax on such net profits, income, salaries, wages, commissions, or other compensation to another municipality or Joint Economic Development District, shall be allowed a credit against the tax imposed by this chapter of the amount so paid by him or in his behalf to such other municipality or Joint Economic Development District. The credit shall not exceed the tax assessed by this chapter on such net profits, income, salaries, wages, commission or compensation earned in such other municipality or municipalities or Joint Economic Development District where such tax is paid.
(b) No credit shall be given for county or school district taxes paid.
(c) Income tax that has been deposited with the City, but should have been deposited with another municipality, is allowable by the City as a refund but is subject to the three-year limitation on refunds. Income tax that should have been deposited with the City, but was deposited with another municipality, shall be subject to recovery by the City. The City will allow a nonrefundable credit for any amount owed the City that is in excess of the amount to be refunded by the other municipality, as long as the tax rate of the other municipality is the same or higher than the City tax rate. If the City tax rate is higher, the tax representing the net difference of the rates is also subject to collection by the City.
(d) The City shall grant a credit against the tax imposed by this chapter to every taxpayer who works in a joint economic development district created under Section 715.70 through 715.83 of the Ohio Revised Code. The credit shall not exceed the tax assessed by this chapter on such income earned or received in such joint economic development district where such tax is paid. (Ord. 2004-84. Passed 12-17-04.)