Ohio legislature passes bill to exempt oil and gas producers from sales tax change

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A bill to shield Ohio oil and gas producers from sales taxes on some capital expenditures has passed in the state legislature. House Bill 430 would exempt oil and gas producers from recent changes to the state's tax policy that could have compelled them to pay sales taxes on a number of expenditures related to energy production facilities in the state. This after an audit from the Ohio Department of Taxation found some of these expenses wouldn't fall into the exemption granted to the industry in…
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Ohio legislature passes bill to exempt oil and gas producers from sales tax change

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