Rev. 1/13 to See note ** 25% 25% 25% 25% 25% 
Addition on page 2
Tax Penalty 

Rate 3% 3% 4% 4% 5% 8% 8% 6% 5% 4% 6% 7% 9% 8% 8% 9% 9% 9% 9% 7% 7% 10% 11% 11% 11% 10% 6% 8% 9% 9% 9% 
Interest 
       
Basis N/A N/A N/A 
Net Worth 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 

Tier Two 
N/A N/A N/A 
Over $50,000 Prior to 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 
Net Income (Over $25,000 1989 Report) 

Basis 
Net Worth 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 
Litter Tax Rates 

Tier One Over $50,000 Prior to 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 
(Over $25,000 1989 Report) 

Net Income Basis First Prior to 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 
$50,000 
(First $25,000 1989 Report) 

N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 
Surtax 2.7%* 5.4% 5.4% 5.75% 5.4% - 1 -
 
%**** N/A N/A N/A N/A 20% 40% 60% 80% N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A 
Phase-out 

Basis 
Net Worth 
  0.004   0.004   0.004   0.004   0.004   0.004   0.004 0.004 0.004 0.004 0.004 0.004 0.004 0.004 0.004 0.00582 0.00582 0.00582 0.00582 0.00582 0.00582 0.00582 0.00582 0.00582 0.00582 0.00582 0.00582 0.00582 0.00582  0.0055  0.00582 

Over $50,000 Prior to 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.5% 8.9% 8.9% 8.9% 8.9% 8.9% 8.9% 8.9% 8.9% 8.9% 8.9% 8.9% 9.2% 9.2% 9.2% 8.7% 9.2%
(Over $25,000 1989 Report) 
Franchise Tax Rate 

Net Income Basis First Prior to 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 5.1% 4.6% 5.1% 
$50,000 
(First $25,000 1989 Report) 

1972-2013 Schedule of Franchise Tax Rates, Litter Tax Rates, Interest and Penalty 
Fee $50** $50** $50** $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $150 $50 
Minimum $1,000 or $50*** $1,000 or $50*** $1,000 or $50*** $1,000 or $50*** $1,000 or $50*** $1,000 or $50*** $1,000 or $50*** $1,000 or $1,000 or $1,000 or

Ending 
Taxable Year On or Between Dates Shown 1/1/12-12/31/12 1/1/11–12/31/11 1/1/10–12/31/10 1/1/09–12/31/09 1/1/08–12/31/08 1/1/07–12/31/07 1/1/06–12/31/06 1/1/05–12/31/05 1/1/04–12/31/04 1/1/03–12/31/03 1/1/02–12/31/02 1/1/01–12/31/01 1/1/00–12/31/00 1/1/99–12/31/99 1/01/98–12/31/98 1/01/97–12/31/97 1/1/96–12/31/96 1/1/95–12/31/95 1/1/94–12/31/94 1/1/93–12/31/93 1/1/92–12/31/92 1/1/91–12/31/91 1/1/90–12/31/90 1/1/89–12/31/89 1/1/88–12/31/88 1/1/87–12/31/87 1/1/86–12/31/86 1/1/85–12/31/85 1/1/84–12/31/84 1/1/83–6/30/83 7/1/83–12/31/83 

2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 1985 1984 
Franchise Tax Year 

Rev. 1/13 to 25% 25% 25% 25% 25% 25% 25% 25% 25% 
Addition 
Tax Penalty 

. 
Rate 10% 6% 6% 6% 6% 6% 6% 6% 6% 
Interest 

tax.ohio.gov  

Basis N/A N/A N/A 
Net Worth 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 

Tier Two 
N/A N/A N/A 
Over $50,000 Prior to 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 
Net Income (Over $25,000 1989 Report) 

Basis N/A N/A N/A 
Net Worth 0.00014 0.00014 0.00014 0.00014 0.00014 0.00014 
Litter Tax Rates 

N/A N/A N/A 
Tier One Over $50,000 Prior to 0.0022 0.0022 0.0022 0.0022 0.0022 0.0022 
(Over $25,000 1989 Report) 

 nancial institutions remain subject to the franchise tax and must file Ohio form FT 1120FI. 
Net Income Basis First Prior to 0.0011 0.0011 0.0011 0.0011 N/A 0.0011 0.0011 N/A N/A 
$50,000 
(First $25,000 1989 Report) 
Effective for taxable years ending after June 25, 2003, the minimum fee is $1,000 if (1) the sum of the taxpayer’s gross receipts from activities within and without Ohio during the taxable year equals or exceeds $5 million, or (2) the total number of the taxpayer’s employees within and without Ohio during the taxable year equals or exceeds 300. For more information, see instructions on the department’s Web site at of the corporation franchise tax beginning with tax year 2006. See R.C. 5751. Taxpayers described in R.C. 5751.01(E)(5), (6), (7), (8) or (10) are not subject to the franchise tax phase-out. See R.C. 5733.01(G)(2). Ad- ditionally, fi
*** **** Effective for taxable years ending in 2005, H.B. 66 enacted a commercial activities tax and began a phase-out 
0 N/A N/A 
Surtax 5.75% 15% 20.75% 15% N/A N/A - 2 -

%**** N/A N/A N/A N/A N/A N/A N/A N/A N/A
Phase-out 

Basis 
Net Worth 
0.0055 0.005  0.0055  0.0055 0.005  0.005  0.005 0.005 0.005 

 le) penalty. This penalty is the greater of $50  ce on the delinquency notice. 
Over $50,000 Prior to 8.7% 8.0% 8.7% 8.7% 8.0% 8.0% 8.0% 8.0% 8.0% 
(Over $25,000 1989 Report) 
Franchise Tax Rate 

Net Income Basis First Prior to 4.6% 4.0% 4.6% 4.6% 4.0% 4.0% 4.0% 4.0% 4.0% 
$50,000 
(First $25,000 1989 Report) 

1972-2013 Schedule of Franchise Tax Rates, Litter Tax Rates, Interest and Penalty 
Fee $150 $50 $150 $150 $50 $50 $50 $50 $50 
Minimum 

Ending 
1/1/80–7/14/80 Prior to 1979 
Taxable Year On or Between Dates Shown 1/1/82–12/31/82 1/1/81–11/14/81 11/15/81–12/18/81 12/19/81–12/31/81 7/15/80–12/18/80 12/19/80–12/31/80 1/1/79–12/31/79 

1983 1982 1981 1980 Effective for taxable years ending after 6/30/83, the surtax is only applicable if the net income basis exceeds the net worth basis. For each month or fraction of a month that the Ohio Corporation Franchise Tax Report (form FT 1120) was de- linquent, the corporation is liable for the Failure to File (or timely fi per month up to $500 or 5% per month (50% maximum) of the net tax due shown on the delinquent report. All delinquent reports, including reports which (1) indicate an overpayment or no balance due or (2) an informational report (FT 1120S), are subject to the “Failure to File” penalty. In addition to the above penalty, there is also a penalty for failure to pay (or timely pay) the tax computed on the delinquent report. For report years 2003 and forward, the penalty is not to exceed 15% of the delinquent payment. For report years 1988-2002, the penalty equals twice the interest charged under Ohio Revised Code section (R.C.) 5733.26(A). For additional information on delinquencies, please contact the offi
Franchise Tax Year 1972-1979    *  **