Taxes

Today, your competition comes from every corner of the world, and your business needs every advantage to survive and prosper. With that in mind, Ohio lawmakers dramatically revamped the state’s tax structure, creating the lowest rates in the Midwest and an extremely profit-friendly business climate for companies that locate here. Ohio provides the tools you need to win in a global economy.

State Taxes:
Sales – 5.5%
Gasoline - $0.28 per gallon
http://tax.ohio.gov

County Taxes:
Sales – 1.5%
http://www.auglaizecounty.org/treasurer

Minster Taxes:
Sales – 0%
Income – 1.5%
School Income – 1.0%   (effective 1/1/2012)

General property tax rate per $1000 taxable value:
City – 2.20
School – 52.97
County – 11.75
Township – .50
Total Rate – 67.42

Total Effective Rate:
Agr/Res – $45.744253
Other – $61.133057 (at a 35% assessment)