Section 5726.50 | Tax Credits for Job Creation.
Effective: March 27, 2020 Latest Legislation: House Bill 197 – 133rd General Assembly (A) A taxpayer may claim a refundable tax credit against the tax imposed under this chapter for each person included in the annual report of the taxpayer that is granted a credit by the tax credit authority under section 122.17 or former […]
Section 5726.52 | Tax Credit for Historic Building Rehabilitation.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) As used in this section, “certificate owner” has the same meaning as in section 149.311 of the Revised Code. (B) A taxpayer may claim a refundable credit against the tax imposed by this chapter for each person included in the annual […]
Section 5726.53 | Tax Credit for Venture Capital Loan Loss.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly A taxpayer may claim a refundable credit against the tax imposed by this chapter for each person included in the annual report of the taxpayer that was issued a tax credit certificate by the Ohio venture capital authority under section 150.07 of […]
Section 5726.54 | New Markets Tax Credit.
Effective: September 29, 2015 Latest Legislation: House Bill 64 – 131st General Assembly (A) Any term used in this section has the same meaning as in section 5725.33 of the Revised Code. (B) A taxpayer may claim a nonrefundable credit against the tax imposed by this chapter for each person included in the annual report […]
Section 5726.55 | Motion Picture Production Tax Credit.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) Any term used in this section has the same meaning as in section 122.85 of the Revised Code. (B) A taxpayer may claim a refundable credit against the tax imposed under this chapter for each person included in the annual report […]
Section 5726.56 | Research and Development Tax Credit.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) As used in this section, “qualified research expenses” has the same meaning as in section 41 of the Internal Revenue Code. (B) A taxpayer may claim a nonrefundable credit against the tax imposed under this chapter equal to seven per cent […]
Section 5726.57 | Nonrefundable Credit for Qualifying Dealers in Intangibles.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) As used in this section, “qualifying dealer in intangibles” means a dealer in intangibles that is a member of a qualifying controlled group of which a financial institution is also a member on the first day of the financial institution’s tax […]
Section 5726.98 | Calculating Tax Due.
Effective: March 27, 2020 Latest Legislation: House Bill 197 – 133rd General Assembly (A) To provide a uniform procedure for calculating the amount of tax due under section 5726.02 of the Revised Code, a taxpayer shall claim any credits to which the taxpayer is entitled under this chapter in the following order: The nonrefundable job […]
Section 5726.99 | Minimum and Maximum Fines.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly Whoever violates section 5726.41 of the Revised Code shall be fined not less than one hundred dollars or more than one thousand dollars.
Section 5726.33 | Interest or Penalty on Qualifying Refund Overpayment.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) As used in this section, “qualifying refund overpayment” means an amount received by a taxpayer in excess of a refund claimed or a request for payment made by the reporting person for the taxpayer on a return, report, or other document […]