Ohio Budget Bill Removes Throwback Rule: How Will This Affect Businesses?

Governor Kasich recently signed into law Ohio House Bill 49, which eliminated the sales factor “throwback rule,” which means sales of goods shipped outside the municipality where the business has no employees or property will not be included in the sales apportionment factor where the business is located.

Director at Barnes Wendling Larry Friedman spoke with Smart Business about the throwback rule and what its elimination means for businesses.

At Barnes Wendling CPAs, our tax advisors work closely with you to address your individual and business taxation needs from tax preparation to compliance with long-term planning.

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