Upon a taxpayer’s election, an eligible taxpayer may elect to file a net profit return with the Ohio Business Gateway administered by the Tax Commissioner and shall thereafter be subject to Ohio R.C. 718.80 through 718.95 in lieu of the provisions set forth within Chapter 891. This section shall apply to taxable years beginning on or after January 1, 2018. In the event that Ohio R.C. 718.80 through 718.95 are determined by a court of competent jurisdiction to be invalid or otherwise unenforceable, this section shall be considered null and void and shall be automatically repealed until and unless further legislative action is taken by Village Council.
(Ord. 2018-06. Passed 3-6-18.)