Tax Credits Approved with 250 New Northeast Ohio Jobs Expected
On July 28, 2014, the Ohio Tax Credit Authority approved Job Creation Tax Credits to facilitate the creation of 250 new Northeast Ohio jobs and investments totaling $15,815,300.
Companies receiving credits are in the retail distribution and financial services industries. Locations include Stark County. For additional information on this month’s JCTCs, read the press release from Governor Kasich’s office.
The Job Creation Tax Credit (JCTC) is a refundable tax credit that can be granted to companies with significant new job creation and is applied toward the company’s Ohio commercial activity tax liability. For information on the JCTC program and how to secure this credit, contact Team NEO orthe economic development partner in your county.
Team NEO is the JobsOhio Network Partner for Northeast Ohio.
- Stark County