Injunction decision for HB 49 tax lawsuit expected next week
All parties are awaiting a judge’s decision regarding the collection of municipal-net-profit taxes after a preliminary injunction hearing began Feb. 12 in the Franklin County Court of Common Pleas. The injunction hearing has concluded and a decision is expected sometime next week, said Matthew Chafin, chief counsel for the Ohio Department of Taxation. The hearing relates to a lawsuit by several municipalities – including most of central Ohio – against the Ohio Department of Taxation. At issue is a portion of House Bill 49, which is Gov. John Kasich’s most recent two-year budget. A provision in the bill would make it possible for business owners to file net-profit income-tax returns with the state instead of the municipality in which their business is located.
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