Tax Credit Incentive Programs
Tax Credit Incentive Programs available to eligible companies expanding within or locating to Lockland:
Equipment Sales Tax Exemption Programs
Research and Development Sales Tax Exemption:
State and county sales tax is exempt on purchases of machinery and equipment used primarily for research and development. The exemption covers equipment used to design, create, or formulate new or enhanced products, equipment, or manufacturing processes; or for scientific or technical inquiry and experimentation in the physical sciences. The exemption is claimed at the time of purchase.
Warehouse Machinery & Equipment Sales Tax Exemption:
Companies are exempt from state and county sales tax for equipment used in storing, transporting, mailing or handling inventory distributed to retail stores outside Ohio that are owned by the business or its affiliated groups, or for inventory distributed by direct marketing