Ohio Department of Taxation Tax Data Series

Corporation Franchise Tax

Corporate Franchise Tax Tables
Refundable and Nonrefundable Tax Credits Claimed, Tax Year 2004

The attached corporate franchise tax table was created as a supplement to the CF1-5 tax data series for tax year 2004. It provides detail on the tax credits claimed by general (non-financial institution) corporate franchise taxpayers.

Both refundable and nonrefundable credits are shown in the table. The job creation tax credit is the only refundable credit in tax year 2004; there were 280 corporate franchise taxpayers claiming this credit, amounting to $42.4 million.

The nonrefundable tax credits shown include the manufacturing investment credit, the Ohio coal credit for electric companies, the export sales credit, credit for taxes paid by pass-through entities, job training credit, research credit, and other miscellaneous credits (see the table for a complete list). There were 2,806 nonrefundable credits claimed amounting to $140.4 million.

The data shown on these tables were compiled from returns filed for tax year 2004 with the Ohio Department of Taxation.

• Download Corporate Franchise Tax Credits, tax year 2004 (CF-CREDITS_04.WK1)
• Download Corporate Franchise Tax Credits, tax year 2004 (CF-CREDITS_04.XLS)
• View Corporate Franchise Tax Credits, tax year 2004 (CF-CREDITS_04.PDF)