Impact of Daimler Chrysler Corp. v. Cuno on Grants and Credits for Machinery

In Information Release CFT 2006-01, the Ohio Department of Taxation addresses the impact of DaimlerChrysler Corp. v. Cuno 547 U.S. ____(2006) and H.B. 66 on Ohio’s tax credit and grant for pre-July 1, 2005 purchases of new manufacturing machinery and equipment for use in Ohio.