For incentive information available through the Ohio Department of Development, Office of Tax Incentives (OTI) visit or contact the offices directly at 614-466-2317 or toll free at 1-800-848-1300. They are responsible for managing the state’s business development tax incentive programs and overseeing the administrative performance of various local property tax incentive programs.
Ohio Job Creation Tax Credit Program: This program provides a refundable tax credit against a company’s corporate franchise or income tax based on the state income tax withheld from new, full-time employees. For more information on this program please click here.
Ohio Job Retention Tax Credit Program: Provides corporate franchise or state income tax credit for businesses that commit to retain a significant number of full-time jobs. Program will provide a tax credit against the Commercial Activity Tax (CAT) beginning on July 1, 2008. For more information on this program please click here.
Ohio Manufacturing Machinery and Investment Tax Credit: Provides a non-refundable corporate franchise or state income tax credit for manufacturers located in Ohio that purchase qualified new or retooled machinery and equipment that is used in manufacturing. For more information on this program please click here.
Technology Investment Tax Credit Program: Offers a variety of benefits to Ohio taxpayers who invest in small, research and development and technology-oriented forms. For more information on this program please click here.
Ohio Historic Preservation Tax Credit: The Historic Preservation Tax Credit provides a tax credit for the rehabilitation expenses to owners of qualified, historically significant buildings. For more information on this program please click here.
Ohio Department of Development Job Ready Sites Program: is a competitive application process for both private business and municipalities that is intended to strengthen Ohio’s supply of available facility locations served by utility and transportation infrastructure. Important objectives of the program are to create sites that connect the gaps in Ohio’s current site inventory and to promote unique, catalytic re-investments in developed areas of Ohio. For more information on this program please click here.
Ohio Department of Development Energy Incentives: The Ohio Energy Office of The Ohio Department of Development offers various incentives for energy efficiency in development and transportation. For more information please click here.