OABA SEEKS CAT EXEMPTION FOR GRAIN

Complete and return your questionnaire immediately

The Ohio AgriBusiness Association (OABA) is seeking an exemption for Ohio licensed commodity handlers from the Commercial Activity Tax on grain activity. The newly enacted Commercial Activity Tax (CAT) has created a tax inequity within the grain industry because in-state sales are taxed, while out-of-state sales are not.

Along with grain sales, how your company is structured for tax purposes, be it cooperative or independent, may also have ramifications about who is affected by the CAT and what their tax liabilities may be.

For a CAT exemption on grain sales to become reality we need to amend Ohio's current tax law.

Representative James Hoops (R), Napoleon, OH is willing to sponsor such an amendment. To give credibility to his effort, he will require hard facts and numbers to support the argument for an exemption. That's where you come in.

If you are an Ohio licensed Commodity Handler, we are asking you to help OABA help Rep. Hoops by honestly completing the questionnaire which you should be receiving in the mail today or tommorrow and returning it to OABA no later then February 27^th. A postage paid, return envelope is provided.