(A) Every individual taxpayer who resides in the Municipality who receives net profits, salaries, wages, commissions or other personal service compensation for work done or services performed or rendered outside of Municipality, if it appears that he has paid a municipal income tax on the same income taxable under this Chapter to another municipality, shall be allowed a credit against the tax imposed by this Chapter of the amount so paid by him or on his behalf to such other municipality. The credit shall not exceed one-half of one percent (.5%) of the income taxable by this Chapter on such income earned in such other municipality or municipalities where such tax is paid.
(B) The Municipality shall grant a credit against the tax imposed by this Chapter to every taxpayer 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 Ohio Revised Code. The credit shall not exceed one-half of one percent (.5%) of the income taxable by this Chapter on such income earned in such joint economic development zone or joint economic development district where such tax is paid.
(C) Effective with the 2004 tax year, if tax or withholding is paid to a municipal corporation on income or wages, and if a second municipal corporation imposes a tax on that income or wages after the time period allowed for a refund of the tax or withholding paid to the first municipal corporation, the second municipal corporation shall allow a nonrefundable credit, against the tax or withholding the second municipality claims is due with respect to such income or wages, limited to one-half of one present (.5%) of the income taxed by another municipality and paid to the first municipal corporation with respect to such income or wages.
(D) In no instance shall the amount of credit allowed be more than the amount of tax paid to another municipality, or to a joint economic development zone or joint economic development district.
(E) A claim for refund or credit under this section shall be made in such manner as the Tax Administrator may by regulation provide.
(Ord. 2015-17. Passed 12-14-15.)