Local Law Firms Home > Taxation Law News > V&M Employee Taxation Debate Mayor of Girard, James Melfi, told The Vindicator he feels employees at the former Indalex Inc. site, which is component of Girard, need to be taxed at the city’s 2 percent income-tax rate. But Melfi said those employees are part of the agreement’s tax rate of 2.75 percent, which is then separated between Youngstown and Girard. “Those dollars should [all] be coming to Girard,” Melfi said. “They are not coming to Girard,” he added. V&M says that the employees should be taxed according to the terms and conditions. Melfi refers to a Girard regulation that outlines income tax rules that should be imposed “on all salaries, wages, commissions and other compensation earned ... by nonresidents for work done or services performed or rendered in the city of Girard.” V&M’s present operating site is a component of Youngstown. Its new $650 million mill, in addition to the recently announced $57 million VAM USA LLC pipe-thread plant, are a component of the cooperative contract area. During the construction procedure of those two businesses, Girard is meant to receive 55 percent of all income taxes, up to $3 million, that are formulated from the Youngstown income-tax rate of 2.75 percent.Did you know? Whether you are a business owner, an employer, or an employee, our taxation law attorneys can help. Taxation law can be very complicated and it is often difficult to comprehend many of the issues that arise during personal and business taxation, and because of this, errors can easily be made. Contact a taxation law attorney near you today for more information about taxation laws and how they pertain to your current situation.
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