Ohio § 5725.16 Certificate of assessment of dealers in intangibles; collection of taxes

Ohio Statutes

§ 5725.16 — Certificate of assessment of dealers in intangibles; collection of taxes

Ohio § 5725.16

Title 57Taxation

Ch. 5725Financial Institutions; Dealers In Intangibles; Insurance Companies

This text of Ohio § 5725.16 (Certificate of assessment of dealers in intangibles; collection of taxes) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 5725.16 (2026).

Text

On or before the first Monday of May, annually  for return years prior to 2014, the tax commissioner shall certify  to the treasurer of state the assessment of the shares or property  representing capital, or apportionment of either, of each dealer  in intangibles doing business in the state, showing separately the  amount representing capital employed in each county.

The treasurer of state shall place the amounts certified on  the intangible property tax list in the treasurer of state's  office in the names of the dealers represented by those  certificates.

The commissioner shall collect, on behalf of the treasurer,  the taxes due on the assessments certified pursuant to this  section, together with any applicable penalties or interest, in  the manner prescribed by section5725.22of the 

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On or before the first Monday of May, annually for return years prior to 2014, the tax commissioner shall certify to the treasurer of state the assessment of the shares or property representing capital, or apportionment of either, of each dealer in intangibles doing business in the state, showing separately the amount representing capital employed in each county.

The treasurer of state shall place the amounts certified on the intangible property tax list in the treasurer of state's office in the names of the dealers represented by those certificates.

The commissioner shall collect, on behalf of the treasurer, the taxes due on the assessments certified pursuant to this section, together with any applicable penalties or interest, in the manner prescribed by section5725.22of the Revised Code. The commissioner shall immediately forward to the treasurer any payments received under this section or section5719.13of the Revised Code. The treasurer shall credit all such payments against the appropriate amounts on the intangible property tax list in the treasurer's office.

A dealer in intangibles may claim a refund of any overpayment of the tax levied under division (D) of section5707.03of the Revised Code by filing an application for final assessment in accordance with section5711.26of the Revised Code.

The Legislative Service Commission presents the text of this section as a composite of the section as amended by multiple acts of the General Assembly. This presentation recognizes the principle stated inR.C. 1.52(B)that amendments are to be harmonized if reasonably capable of simultaneous operation.