Personal income tax. Ohio collects income taxes from its residents at the following rates: 1  0.528 percent on the first $5,200 of taxable income. 2  1.057 percent on taxable income between $5,201 and $10,400.
Definition of correlate for English Language Learners. : either one of two things that are closely connected or correlated with each other.
First, a definition-a closely held corporation is a corporation typified by: (1) a small number of stockholders; (2) no ready market for the corporate stock; and (3) substantial majority stockholder participation in the management, direction and operations of the corporation.irst, a definition-a closely held corporation is a corporation typified by: (1) a small number of stockholders; (2) no ready market for the corporate stock; and (3) substantial majority stockholder participation in the management, direction and operations of the corporation.