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.
DEFINITION of 'Closely Held Corporation'. Any company that has only a limited number of shareholders. Closely held corporation stock is publicly traded on occasion, but not on a regular basis.These entities differ from privately owned firms that issue stock that is not publicly traded.ny company that has only a limited number of shareholders. Closely held corporation stock is publicly traded on occasion, but not on a regular basis.