The Gahanna Department of Planning & Development works with expanding Gahanna businesses and
businesses new to Gahanna to encourage their growth and expansion in Gahanna.
Listed below are some of the programs offered by the City that your company may be eligible for:
- The City of Gahanna has several Community Reinvestment Areas (CRAs) located in our Gahanna Office
and Industrial District. The CRA Program offers real property tax abatement to new or expanding
facilities. The term and percentage of tax abatement is based on project investment, the number
of jobs created/retained, and annual income tax for the City. For more information on tax abatement,
please contact the Planning & Development Department by clicking here or calling 614-342-4015.
- The City has created several TIF Districts as economic development tools that allow the City to
repay the debt for infrastructure improvements. For more information on TIF Districts, please
contact the Planning & Development Department by clicking here or calling 614-342-4015.
- The City of Gahanna has an incentive program for new and expanding businesses in our Office and Industrial
District with a new annual payroll of over $1 million. This credit can assist business by rebating up to 50%
of their income tax payments. The term and percentage of the rebate is based on total annual salary,
project investment, and the number of jobs created/retained for the City. For more information on this
rebate, please contact the Planning & Development Department by clicking here or calling 614-342-4015.
The Gahanna Department of Development works with the Ohio Department of Development to
assist companies with State Tax Credit Programs. Listed below are some of the programs
offered by the State that your company may be eligible for:
- This program provides a non-refundable corporate franchise tax credit to encourage increased
investment in research and development activities in Ohio. Companies must invest in Qualified
Research Expenses as that term is defined in Section 41 of the Internal Revenue Code,
including both in-house research expenses (wages and supplies) and contract research
expenses. Companies can receive credits equal to 7% of the total amount of Qualified
Research Expenses incurred in excess of the average amount expended for research and
development activities in the previous three years.
Learn More
- This program provides non-refundable corporate franchise or state income tax credit for a
manufacturer that purchases new machinery and equipment located in Ohio and used in the
production or assembly of a manufactured good. The manufacturer shall receive a 7.5% or 13.5% tax
credit on the increase of the investment which is in excess of a three year average
investment in machinery and equipment. A tax credit of 13.5% is available to
manufacturers making investments in designated distressed communities. The tax
credit is divided over seven years, with any excess carried forward another
three years.
Learn More
- This program provides a non-refundable tax credit applicable to franchise, personal income,
insurance, and dealer-in-intangible taxes to businesses that incur incumbent worker training
expenses. The annual credit is limited to the lesser of $1,000 per employee or 50% of the
average eligible training costs for three preceding calendar years, with a maximum credit
of $100,000 per year allowable. Training must be provided to employees who have been
employed for 180 consecutive days. Eligible training costs include: Instructional
costs, materials, equipment, supplies, instructional media, assessment, and employee
wages during normal work hours while engaged in the program. There is a three year
carry forward for credits awarded through this program.
Learn More
- The Ohio Job Creation Tax Credit Program was established in 1993. The program provides a
refundable tax credit against a company's corporate franchise or income tax based on the
state income tax withheld from new, full-time employees. The Ohio Tax Credit Authority
(Authority), a five-member independent board consisting of taxation and economic
development professionals from throughout the state, is responsible for reviewing
and approving applications for tax credit assistance and setting the benefit level.
The Authority also has oversight responsibilities that include monitoring and
reporting the progress of approved tax credit projects.
Learn More
For more information about all of the incentives available from the State of Ohio,
Learn More
(Last updated in March 2008)
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Planning & Development
200 South Hamilton
Gahanna, OH 43230
(614) 342-4015
(614) 342-4116 Fax
Hours of Operation
8:00 AM - 5:00 PM M-F
Contact Development
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