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New Akron Legislation Aims to Increase Income Tax Revenue Through Construction Contractor Registrations

News Article

The City of Akron recently passed three new pieces of legislation aimed at boosting city coffers by requiring contractors to take additional steps prior to performing work in the city:

  • Ordinance No. 412-2016 authorizes the Tax Administrator to accept information from third parties regarding contractor non-compliance with registration and income tax requirements (ORD. NO. 412-2016);
  • Ordinance No. 413-2016 requires all building construction contractors to register with the Director of Public Service prior to obtaining a building permit and submit to the Tax Administrator (i) a copy of the building permit, (ii) an estimate of total work hours on the project, (iii) an estimate of the wage of each person employed on the project, and (iv) a list of all subcontractors on the project (ORD. NO. 413-2016); and
  • Ordinance No. 414-2016 requires all building construction contractors to register with the Director of Public Services prior to undertaking or performing work in the City of Akron which requires a permit (ORD. NO. 414-2016).

For more information on this legislation and its impact on contractors in the City of Akron, contact Brennan Manna Diamond’s construction law attorneys at (330) 253-5060.

BMD Assists Olympic Steel on Recent Acquisitions

BMD recently assisted client Olympic Steel on two deals.

BMD Client Eating Recovery Center and Pathlight Mood & Anxiety Center Announce New Partners

BMD President and Healthcare Member Matthew Heinle advised Eating Recovery Center as they announce new partners

David Scott & Amanda Waesch Promoted to Vice President Roles as Part of Continued Succession Planning

Brennan, Manna and Diamond (BMD), an entrepreneurial business law firm with six offices in Ohio and Florida, has promoted Columbus Office Managing Partner David Scott and Executive Committee Member Amanda Waesch to the position of Vice President.

'Culture, Culture, Culture’: The Essence of Printing Industry M&A Deals

BMD/Signet's Tony Manna interviewed by Printing Impressions

Signet’s Anthony Manna: U.S. Deal Activity Remains Steady As China Responds To Coronavirus

“When SARS came around (in February 2003), China had about 4 percent of the global supply chain,” says Manna, founder, principal and chairman at the global private investment firm. “Now they have 16 percent, and you see this massive stimulus package being put in place to combat the coronavirus problem. China has already announced that they’re going to have more stimulus packages.”