Local Taxes & Fees in Medina, OH (2026)
1 verified local taxes & fees rules for Medina, Ohio, sourced directly from the municipal code and official government pages.
Verified from official government sources
Business Tax Classification
Medina taxes businesses differently than wage earners under its 2024 municipal income tax code. Medina Codified Ordinances § 162.061 classifies any taxpayer that is not an individual as a net-profit filer, while § 162.062 applies a three-factor apportionment formula, property, payroll, and gross receipts, to businesses operating both inside and outside the City at the 1.25% rate set in § 162.013.
Medina Business Net Profit Tax Classification
Some RestrictionsMedina Codified Ordinances §§ 162.061, 162.062
"Municipal Taxable Income" for a taxpayer who is not an individual for the Municipality is calculated as follows: (A) "Income" reduced by "Exempt Income" to the extent otherwise included in income, multiplied by apportionment, further reduced by any "Pre-2017 Net Operating Loss Carryforward" equals "Municipal Taxable Income." (1) "Income" for a taxpayer that is not an individual means the "...