What is personal property tax for?

This tax was on the tangible personal property in business for profit, gain or income, for example, machinery, furniture, fixtures or supplies.  As of 2011, the personal property tax will no longer be collected.  It has been replaced by the Commercial Activity Tax (CAT). The CAT first applies for taxable gross receipts received on and after July 1, 2005.   For more information on the commercial activity tax please click here to be redirected to the State of Ohio Department of Taxation’s web page.