Tax Reform and Rates
State Tax Reform and Rates
For over a decade, Ohio has executed tax reforms that substantially lower the cost of doing business — offering the lowest taxes in the Midwest.
| Corporate Income Tax | None |
| Corporate Franchise Tax | None |
| Gross Receipts Tax | The Commercial Activities Tax (CAT) is 0.26% on sales within the state of Ohio. Sales outside of Ohio are exempt. The first $1 million in eligible sales are exempt from the CAT. |
| Personal Income Tax | Nine bracket system with a bottom bracket of .0587% for income under $5,000 and a top bracket of 5.925% for income over $250,000. |
| Sales and Use Tax | 5.75% on taxable purchases |
| Sales and Use Tax on Production Machinery & Equipment | Exempt |
Local Taxes
New Bremen is located in Auglaize County, and both the village and the county at large are continually working to foster a business-friendly environment.
Auglaize County Taxes
| Sales and Use Tax | 1.5% on taxable purchases |
| Personal Income Tax | None |
| Real Estate Tax | $12.75 per $1000 of tax value with assessment at 35% |
Village of New Bremen Taxes
| Sales and Use Tax | None |
| Personal Income Tax | 1.5% for residents and individuals working in New Bremen |
| Real Estate Tax | $4.10 per $1000 of tax value with assessment at 35% |
New Bremen School District Tax Rates
| Personal Income Tax | 1.0% for school district residents only |
| Real Estate Tax | $51.31 per $1000 of tax value with assessment at 35% |
Township Tax Rates
| Personal Income Tax | None |
| Real Estate Tax | $6.40 per $1000 of tax value w/ assessment at 35% in the township $0.40 per $1000 of tax value with assessment at 35% in the village |
Questions about taxes or other business incentives?
If you have questions for us or are interested in doing business in New Bremen, contact us today and we’ll put you in touch with our economic development committee.