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) […]
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 5726.01 | Definitions.
Effective: April 12, 2021 Latest Legislation: House Bill 150 – 133rd General Assembly As used in this chapter: (A) “Affiliated group” means a group of two or more persons with fifty per cent or greater of the value of each person’s ownership interests owned or controlled directly, indirectly, or constructively through related interests by common […]
Section 5726.02 | Financial Institution Tax; Purpose; Amount.
Effective: April 12, 2021 Latest Legislation: House Bill 150 – 133rd General Assembly (A) For the purpose of funding the needs of this state and its local governments, there is hereby levied a tax on each financial institution for the privilege of doing business in this state. A financial institution is subject to the tax […]
Section 5726.03 | Report; Remittance.
Effective: March 23, 2015 Latest Legislation: House Bill 5 – 130th General Assembly (A)(1) Annually, on or before the fifteenth day of October, the reporting person for each taxpayer shall make a report in writing to the tax commissioner, in such form as the commissioner prescribes, and shall remit to the commissioner the amount of […]
Section 5726.04 | Amount of Tax.
Effective: April 12, 2021 Latest Legislation: House Bill 150 – 133rd General Assembly (A)(1) The tax levied on a financial institution other than a de novo bank organization under this chapter shall be the greater of the following: (a) A minimum tax equal to one thousand dollars; (b) The product of the total Ohio equity […]