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Effective January 1, 2013, a taxpayer that pays the Ohio Commercial Activity Tax (“CAT”) on a quarterly basis shall apply the annual exclusion of $1 million of taxable gross receipts to the first quarter of the calendar year. Any unused portion of the exclusion amount may be carried forward to subsequent quarters within the same calendar year. Taxpayers may not carry forward any unused exclusion amount to the following calendar year.



Under prior law, a quarterly taxpayer would exclude up to $250,000 of taxable gross receipts on each of the four quarterly returns in a calendar year and could carry forward any unused exclusion amount for three calendar quarters.



The CAT is an annual tax imposed on the privilege of doing business in Ohio, which is measured by gross receipts from business activities in Ohio.