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Stamp duty was formerly a graduated progressive tax with the more expensive the house bought the greater the stamp duty rate. The top rate slowly increased from 0.5% in 1882 to 3% in 1947, 5% in 1973, 6% in 1975, reaching its peak at 9% in 1997. [ 7 ]
It was introduced by the Howard Government on 1 July 2000, replacing the previous federal wholesale sales tax system and designed to phase out the various state and territory taxes such as banking taxes, stamp duty and land value tax. While this was the stated intent at the time, the States still charge duty on a various transactions, including ...
The economy of Ohio nominally would be the 20th largest global economy (behind Turkey and ahead of Switzerland) according to The World Bank as of 2022. [8] The state had a GDP of $822.67 billion in 2022, which is 3.23% of the United States total, [9] ranking 7th in the nation behind Pennsylvania and ahead of Georgia. [10]
A payment surcharge, also known as checkout fee, is an extra fee charged by a merchant when receiving a payment by cheque, credit card, charge card, debit card or an e-money account, [1] but not cash, which at least covers the cost to the merchant of accepting that means of payment, such as the merchant service fee imposed by a credit card company. [2]
Ohio law defines a structure for county government, although they may adopt charters for home rule. [1] [2] The minimum population requirement for incorporation is 1,600 for a village and 5,000 for a city. [3] Unless a county has adopted a charter, it has a structure that includes the following elected officers:
The Columbus, Ohio metropolitan area is a metropolitan area in Central Ohio surrounding the state capital of Columbus.As defined by the U.S. Census Bureau, it includes the counties of Delaware, Fairfield, Franklin, Hocking, Licking, Madison, Morrow, Perry, Pickaway, and Union. [3]
Stark County is a county located in the northeastern part of U.S. state of Ohio. As of the 2020 census, the population was 374,853. [1] Its county seat is Canton. [2] The county was created in 1808 and organized the next year. [3] It is named for John Stark, an officer in the American Revolutionary War. [4]
Lucas County is a county located in the northwestern part of the U.S. state of Ohio. It is bordered to the east by Lake Erie, and to the southeast by the Maumee River, which runs to the lake. As of the 2020 census, the population was 431,279. [2] Its county seat and largest city is Toledo, located at the mouth of the Maumee River on the lake. [3]