CAT tax reactions differ by industry niche.(commercial activity tax)

Crain's Cleveland Business,  January, 2006  

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Byline: SHAWN A. TURNER Just how pleased Northeast Ohio companies are about sending their first "commercial activity tax'' tax returns to the state ahead of a Feb. 10 filing deadline depends largely on their lines of business. Manufacturers appear to be among the happiest, as the phasing out over five years of Ohio's corporate franchise tax and tangible personal property tax will be a big benefit to companies with substantial assets in the state.

Among them is Mittal Steel, which employs 1,500 at its Cleveland plant that sits on 950 acres. Thanks in part to savings ...

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