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 […]
Section 5726.36 | Notification of Changes in Ownership or Applicability of Chapter.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) A person shall notify the tax commissioner when the person is no longer subject to the tax imposed by this chapter. (B) If the ownership structure of a financial institution changes such that a person is no longer includable in the […]
Section 5726.041 | Computing Total Ohio Equity Capital.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) As used in this section, “Ohio-qualified real estate investment trust” means a real estate investment trust that is traded on a public stock exchange and that was traded on a public stock exchange on January 1, 2012. (B) For the purpose […]
Section 5726.05 | Apportionment Factor.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) An apportionment factor shall be used to determine the total Ohio equity capital of a financial institution. The factor shall be based upon the gross receipts generated by the financial institution. (B) The apportionment factor is a fraction, the numerator of […]
Section 5726.06 | Estimated Tax Reports.
Effective: April 12, 2021 Latest Legislation: House Bill 150 – 133rd General Assembly (A) The reporting person for a taxpayer shall file estimated tax reports and remit the amount of tax estimated to be due for a tax year to the tax commissioner as follows: (1) One-third of the estimated tax or the minimum tax […]
Section 5726.07 | Underpayment of Estimated Taxes.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly (A) In the case of an underpayment of estimated taxes required to be paid under section 5726.06 of the Revised Code, interest upon the amount of underpayment, calculated at the rate per annum prescribed by section 5703.47 of the Revised Code for […]
Section 5726.10 | Enforcement of Chapter.
Effective: March 27, 2013 Latest Legislation: House Bill 510 – 129th General Assembly The tax commissioner shall enforce and administer this chapter. In addition to any other powers conferred upon the commissioner by law, the commissioner may do any of the following: (A) Prescribe all forms required to be filed pursuant to this chapter; (B) […]