OMA Tax Committee Developing Investment Tax Incentive

This week the OMA Tax and Finance Committee held its first meeting of the year. The committee is chaired by Shay Music, Senior Manager, State Tax Strategy and Operations, from The J.M. Smucker Company.

At the meeting members had a presentation and question and answer session with JobsOhio.

Members also spent time talking through the federal tax reform package and sharing information regarding how the provisions are impacting different manufacturing operations in Ohio. Mark Gaudet, CPA, CFP, of OMA Connections Partner, Clark Schaefer Hackett, led this discussion.

Finally, much of the meeting was centered on potential incentives for capital investment made by manufacturers in the state of Ohio. This discussion focused on the need for state policy to encourage capital investment in Ohio.

If you or someone from your company would like to participate in the OMA Tax Committee, please subscribe here or contact OMA’s Rob Brundrett. 3/22/2018

Nicholas D’Angelo, Director of Government Affairs, JobsOhio, entertains questions from OMA Tax Committee members.