Ohio – US Retail Giant Overstock to Use Bitcoin to Pay Its Taxes in Ohio

Overstock will cover commercial activity taxes (CAT) with Bitcoin starting February, using the recently launched cryptocurrency taxpayer platform, OhioCrypto.com. https://cointelegraph.com/news/us-retail-giant-overstock-to-use-bitcoin-to-pay-its-taxes-in-ohio

Ohio – Commercial Activity Tax & Petroleum Activity Tax Changes

SALT Report 3075 – The Ohio Department of Taxation issued two information releases regarding the Commercial Activity Tax. CAT is an annual tax imposed on the privilege of doing business in Ohio and is based on the total gross receipts.  Continue reading Ohio – Commercial Activity Tax & Petroleum Activity Tax Changes

Ohio – Proposed Draft Amendments to CAT Electronic Filing and Payments Requirements

SALT Report 2785 – The Ohio Department of Taxation revised an information release announcing proposed draft amendments to Adm. Code 5703-29-05. This rule specifies that both annual and quarterly taxpayers must file and pay their commercial activity tax (CAT) electronically. Continue reading Ohio – Proposed Draft Amendments to CAT Electronic Filing and Payments Requirements

Ohio – Sales and Use Tax and Commercial Activity Tax Changes

SALT Report 2690 – Ohio Governor John Kasich signed the State’s fiscal year 2014-2015 budget, which makes several sales and use tax and commercial activity tax changes. Sales and Use Tax Effective September 1, 2013 the state sales tax rate Continue reading Ohio – Sales and Use Tax and Commercial Activity Tax Changes