Ohio § 5735.11 Interest on late payment of tax or refund

Ohio Statutes

§ 5735.11 — Interest on late payment of tax or refund

Ohio § 5735.11

Title 57Taxation

Ch. 5735Motor Fuel Tax

This text of Ohio § 5735.11 (Interest on late payment of tax or refund) 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. § 5735.11 (2026).

Text

(A)If the tax or any portion of the tax imposed by this chapter, whether determined by the tax commissioner or the motor fuel dealer, is not paid on or before the date prescribed in section5735.06of the Revised Code, interest shall be collected and paid in the same manner as the tax upon the unpaid amount, computed at the rate per annum prescribed by section5703.47of the Revised Code, from the date prescribed for payment of the tax to the date of payment or to the date an assessment is issued under section5735.12or5735.121of the Revised Code, whichever occurs first. Interest may be collected by assessment in the manner provided in section5735.12or5735.121of the Revised Code. All interest shall be paid in the same manner as the tax and shall be considered as revenue arising from the portio

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(A) If the tax or any portion of the tax imposed by this chapter, whether determined by the tax commissioner or the motor fuel dealer, is not paid on or before the date prescribed in section5735.06of the Revised Code, interest shall be collected and paid in the same manner as the tax upon the unpaid amount, computed at the rate per annum prescribed by section5703.47of the Revised Code, from the date prescribed for payment of the tax to the date of payment or to the date an assessment is issued under section5735.12or5735.121of the Revised Code, whichever occurs first. Interest may be collected by assessment in the manner provided in section5735.12or5735.121of the Revised Code. All interest shall be paid in the same manner as the tax and shall be considered as revenue arising from the portion of the tax described in division (A) of section5735.05of the Revised Code.

(B) Interest shall be allowed and paid upon any refund granted in respect to the payment of an illegal or erroneous assessment imposed under this chapter from the date of the overpayment. The interest shall be computed at the rate per annum prescribed by section5703.47of the Revised Code.

Last updated March 9, 2023 at 1:58 PM