Tax Credits Approved With 162 New Northeast Ohio Jobs Expected

Tax Credits Approved with 162 New Northeast Ohio Jobs

On April 29, 2013, the Ohio Tax Credit Authority approved Job
Creation Tax Credits to facilitate the creation of 162 new jobs and
investments totaling $17,750,000. 

Companies receiving credits are in the advanced manufacturing and
information services and software sectors. They are located in
Richland, Huron and Medina counties. The Job Creation Tax Credit
(JCTC) is a refundable tax credit that can be granted to companies
with significant new job creation and is applied toward the
company’s Ohio commercial activity tax liability.

For information on the JCTC program and how to secure this credit,
contact Team NEO or the economic development partner in yourcounty.

For additional information on April’s JCTCs, read the press release from Governor Kasich’s

Team NEO is the JobsOhio Network Partner for Northeast Ohio.