Data Center
Tax Advantages
Reduce your operating costs with the lowest taxes in the Midwest.
Making a commitment to eliminate a burdensome tax system, Ohio in 2005 implemented full-scale, sweeping tax reform. Ohio's new business taxation model will mean a reduction in tax burden of up to 63% by 2010, the first year reform is fully implemented.
Ohio's new tax system means businesses can:
- Reduce operating costs - No tax on inventory or corporate income
- Enhance productivity - No tax on investments in machinery and equipment
- Attract talent - Shrink labor costs through a 21% reduction in personal income tax
- Enjoy a level playing field - All companies taxed the same low rate
- Boost return on investment - No tax on product sold to customers outside Ohio
- Reward entrepreneurship - First $1 million in gross receipts are tax free
Ohio is executing reform that is substantially lowering the cost of doing business in the state - with the lowest in the Midwest by 2010. Plus, Wapakoneta's local taxes are among the lowest in Ohio and the U.S. We are serious about helping your business succeed.