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Ohio Supreme Court Waves Red Flag on Commercial Activity Tax Assessment

On Nov. 22, 2022, the Supreme Court of Ohio issued a much-anticipated opinion addressing the sourcing of gross receipts from transactions involving…

Ohio Supreme Court Waves Red Flag on Commercial Activity Tax Assessment | BakerHostetler

Key Takeaways ..The Ohio Supreme Court decision in NASCAR Holdings, Inc. v. McClain is an Ohio commercial activity tax case that provides another recent example of state.

Ohio Supreme Court: Apply the brakes in taxing NASCAR revenue | Crain s Cleveland Business

The state of Ohio will not be able to collect a type of commercial tax from NASCAR for its broadcasting, online marketing and merchandise licensing revenue. Plus, Mansfield's 179th Airlift Wing is the official base for the first Air Force cyberspace wing, and Ohio is estimated to see a 3.4% increase in holiday retail spending from 2021.

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