Cincinnati Bell Tel. Co. v. Cincinnati

[This opinion has been published in Ohio Official Reports at 81 Ohio St.3d 599.] CINCINNATI BELL TELEPHONE COMPANY, APPELLEE, v. CITY OF CINCINNATI ET AL., APPELLANTS. [Cite as Cincinnati Bell Tel. Co. v. Cincinnati,

1998-Ohio-339.] Municipal corporations—Taxation—Local net profits taxes are valid—Tax enacted by a municipality pursuant to its taxing power is valid in the absence of an express statutory prohibition of the exercise of such power by the General Assembly. The taxing authority of a municipality may be preempted or otherwise prohibited only by an express act of the General Assembly.…