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(A) The tax on income and the withholding tax established by this Chapter 187 are authorized by Article XVIII, Section 3 of the Ohio Constitution. The tax on income and the withholding tax established by this Chapter 187 are deemed to be levied in accordance with, and to be consistent with, the provisions and limitations of Ohio Revised Code 718 (ORC 718). This Chapter is deemed to incorporate the provisions of ORC 718.
(B) The tax is an annual tax levied on the income of every person residing in or earning or receiving income in the municipal corporation, and shall be measured by municipal taxable income. The Municipality shall tax income at a uniform rate. The tax is levied on Municipal Taxable Income, as defined herein. (Ord. 15-19. Passed 11-25-19.)
(A) A municipal income tax is hereby levied to provide funds for the purposes of general municipal operations, maintenance, new equipment, extension and enlargement of municipal services and facilities and capital improvements of the Municipality.
(B) There is hereby levied an income tax at the rate of one and one-half percent (1.5%) per annum. The tax is levied at a uniform rate on all persons residing in or earning or receiving income in Plain City. The tax is levied on income, qualifying wages, commissions and other compensation, and on net profits as hereinafter provided in Section 187.03 of this chapter and other sections as they may apply.
(C) The tax on income and the withholding tax established by this Chapter 187 are authorized by Article XVIII, Section 3 of the Ohio Constitution. The tax is levied in accordance with, and is intended to be consistent with, the provisions and limitations of Ohio Revised Code ("ORC") 718. (Ord. 15-19. Passed 11-25-19.)
The funds collected under the provisions of this chapter shall be allocated in such manner as provided by ordinances adopted by Council, with the following exception(s):
(A) An amount equal to five-tenths of one percent (0.5%) shall be transferred into the Capital Improvements Fund and such proceeds shall be used exclusively for capital improvements deemed necessary by the Village Council.
(Ord. 15-19. Passed 11-25-19.)
(A) Significant and wide-ranging amendments to ORC 718 were enacted by Am Sub HB 5, passed by the 130th General Assembly, and signed by Governor Kasich on December 19, 2014, and H.B. 5 required municipal corporations to conform to and adopt the provisions of ORC 718 in order to have the authority to impose, enforce, administer and collect a municipal income tax.
(B) As mandated by H.B. 5, municipal income tax Ordinance 8-15, effective January 1, 2016, comprehensively amends Chapter 187 in accordance with the provisions of ORC 718 to allow the Municipality to continue the income tax and withholding tax administration and collection efforts on behalf of the Municipality. (Ord. 15-19. Passed 11-25-19.)
(A) The effective date of the provisions of this chapter shall be January 1, 2020, and corresponding changes to ORC 718, apply to municipal taxable years beginning on or after January 1, 2020.
(B) The enactment of this chapter does not repeal the existing sections of Chapter 186 for any taxable year prior from July 1, 2016 to December 31, 2019.
(Ord. 15-19. Passed 11-25-19.)
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