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Two of the recommendations made by the Committee to Study State and Local Taxes (March, 2003) resulted in specific provisions within H.B. 95 involving OBG. Summaries of these provisions are as follows:
Taxpayers, at their option, may make the following filing and/or payments via OBG:
- Extension requests for net profits returns on or after January 1, 2005.
- Net profits estimated payments for taxable years beginning on or after January 1, 2005.
- Net profits tax returns and payments for taxable years beginning on or after January 1, 2005.
- Employer withholding returns and payments for wages paid on or after January 1, 2007.
The Municipal Income Tax Project on OBG has been divided into 4 phases corresponding to the directives from ORC:
- Available Now - Estimated Payments and Extension Requests (includes establishing the technical, banking, administration, and support processes and systems to enable businesses to file)
- Available now - Net Profits Returns
- Available early 2007 - Employer Withholding Returns
- Available 2008 - Employer Withholding Reconciliation Reports
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