Economic Development Incentive Programs available to eligible companies expanding within or locating to Lockland:
Job Creation Tax Credit
Companies creating at least 25 new jobs in Ohio within a 3 year period are eligible for a refundable tax credit against corporate franchise taxes through 6/30/08, and transfer to cover the Commercial Activity Tax liabilities for the tax period beginning 7/1/08. A percentage of state income taxes paid by new employees can be credited against business taxes for up to 10 years. Eligible projects include manufacturing, high tech, distribution, certain service companies, and telecommunications operations. Application must be made before committing to the project.
