Effective: March 30, 2006 Latest Legislation: House Bill 530 – 126th General Assembly As used in this chapter: (A) “Electric company,” “combined company,” and “telephone company,” have the same meanings as in section 5727.01 of the Revised Code, except “telephone company” does not include a non profit corporation. (B) “Electric light company” has the same […]
Effective: June 30, 2007 Latest Legislation: House Bill 119 – 127th General Assembly (A) The annual report filed under section 5745.03 of the Revised Code determines a taxpayer’s Ohio net income and the portion of Ohio net income to be apportioned to a municipal corporation. (B) A taxpayer’s Ohio net income is determined by multiplying […]
Effective: January 1, 2003 Latest Legislation: House Bill 94 – 124th General Assembly (A) For each taxable year, each taxpayer shall file an annual report with the tax commissioner not later than the fifteenth day of the fourth month after the end of the taxpayer’s taxable year, and shall remit with that report the amount […]
Effective: January 1, 2001 Latest Legislation: House Bill 483 – 123rd General Assembly An electric light company that is not an electric company or a combined company may elect to be a taxpayer for the purposes of this chapter if not less than fifty per cent of the company’s total sales in this state consist […]
Effective: June 26, 2003 Latest Legislation: House Bill 95 – 125th General Assembly (A) As used in this section, “combined tax liability” means the total of a taxpayer’s income tax liabilities to all municipal corporations in this state for a taxable year. (B) Beginning with its taxable year beginning in 2003, each taxpayer shall file […]
Effective: January 1, 2001 Latest Legislation: House Bill 483 – 123rd General Assembly Any taxpayer required by section 5745.03 or 5745.04 of the Revised Code to remit tax payments by electronic funds transfer shall remit such payments to the treasurer of state in the manner prescribed by rules adopted by the treasurer under section 113.061 […]
Effective: July 18, 2019 Latest Legislation: House Bill 166 – 133rd General Assembly (A) Prior to the first day of March, June, September, and December, the tax commissioner shall certify to the director of budget and management the amount to be paid to each municipal corporation, as indicated on the declaration of estimated tax reports […]
Effective: January 1, 2001 Latest Legislation: House Bill 483 – 123rd General Assembly (A) As used in this section: (1) “Qualifying pass-through entity” means a pass-through entity, as defined in section 5733.04 of the Revised Code, that is a taxpayer under this chapter. (2) “Qualifying taxpayer” means a taxpayer, that, during any portion of the […]
Effective: December 21, 2000 Latest Legislation: Senate Bill 287 – 123rd General Assembly If the tax required to be paid under this chapter or any portion of that tax 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, […]
Effective: December 21, 2000 Latest Legislation: Senate Bill 287 – 123rd General Assembly (A) The following penalties shall apply under the circumstances indicated: (1) If a taxpayer required to file a report or remit tax as required by this chapter fails to make and file the report within the time prescribed, including any extensions of […]
Effective: December 21, 2000 Latest Legislation: Senate Bill 287 – 123rd General Assembly (A) In case of any underpayment of the estimated tax under section 5745.04 of the Revised Code, there shall be added to the tax an amount determined at the rate per annum prescribed by section 5703.47 of the Revised Code upon the […]
Effective: September 6, 2002 Latest Legislation: Senate Bill 200 – 124th General Assembly An application to refund to a taxpayer the amount of taxes paid on any illegal, erroneous, or excessive payment of tax under this chapter, including assessments, shall be filed with the tax commissioner within three years after the date of the illegal, […]
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly (A) If any taxpayer required to file a report under this chapter fails to file the report within the time prescribed, files an incorrect report, or fails to remit the full amount of the tax due for the period covered by the […]
Effective: June 30, 2007 Latest Legislation: House Bill 119 – 127th General Assembly If, upon examination of any books, records, reports, or other documents of a taxpayer, the tax commissioner determines that an adjustment shall be made in the portion of the taxpayer’s income that is to be apportioned to a municipal corporation, the tax […]
Effective: March 27, 2020 Latest Legislation: House Bill 197 – 133rd General Assembly (A) If any of the facts, figures, computations, or attachments required in a taxpayer’s report to determine the tax due a municipal corporation must be altered as the result of an adjustment to the taxpayer’s federal income tax return, whether the adjustment […]
Effective: January 1, 2001 Latest Legislation: House Bill 483 – 123rd General Assembly (A) Each taxpayer shall make its records, documents, returns, and reports open to inspection by the tax commissioner during normal business hours, and shall preserve those records, documents, returns, and reports for a period of three years after the date the return […]
Effective: January 1, 2001 Latest Legislation: House Bill 483 – 123rd General Assembly With respect to reports filed with the tax commissioner under this chapter, and any other information gained in the performance of the tax commissioner’s duties prescribed by this chapter, the tax commissioner shall adopt rules governing the terms and conditions under which […]
