Ohio to refund more than $13 million to businesses that overpaid their commercial activity tax (CAT)
After finding out from Ohio Tax Commissioner Joe Testa that the state failed to refund companies that overpaid their commercial activity tax (CAT), Gov. John Kasich said last week that the state has started refunding more than $13 million to companies that were never previously notified about having overpaid, Columbus Business First reports. Before now, policy directed the state to keep the money "if businesses failed to report the overage within four years of filing their tax return," the article said. For more, read the full story.
