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 5726.20 | Assessments.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) The tax commissioner may make an assessment, based on any information in the commissioner’s possession, against any person that fails to file a return or report or pay any tax as required by this chapter. The reporting person for a taxpayer […]
Section 5726.21 | Penalties.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) In addition to any other penalty imposed by this chapter or Chapter 5703. of the Revised Code, the following penalties shall apply: (1) If a taxpayer required to file any report under this chapter fails to make and file the report […]
Section 5726.30 | Refunds.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) The tax commissioner shall refund the amount of taxes imposed under this chapter that a person overpaid, paid illegally or erroneously, or paid on an illegal or erroneous assessment. The person shall file an application for refund with the tax commissioner, […]
Section 5726.31 | Application of Refund to Debt to the State.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly As used in this section, “debt to this state” means unpaid taxes due the state, unpaid workers’ compensation premiums due under section 4123.35 of the Revised Code, unpaid unemployment compensation contributions due under section 4141.25 of the Revised Code, unpaid unemployment compensation […]
Section 5726.32 | Interest on Unpaid Taxes.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly If any tax due under this chapter is not paid on or before the date prescribed for its payment, interest shall be assessed, collected, and paid, in the same manner as the tax, upon such unpaid amount at the rate per annum […]