Ohio § 5747.058 Tax credits to foster job creation or retention

Ohio Statutes

§ 5747.058 — Tax credits to foster job creation or retention

Ohio § 5747.058

Title 57Taxation

Ch. 5747Income Tax

This text of Ohio § 5747.058 (Tax credits to foster job creation or retention) 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. § 5747.058 (2026).

Text

(A)A refundable income tax credit granted by the tax credit authority under section122.17or former division (B)(2) or (3) of section122.171of the Revised Code, as those divisions existed before the effective date of the amendment of this section by H.B. 64 of the 131st general assembly, September 29, 2015, may be claimed under this chapter, in the order required under section5747.98of the Revised Code. For purposes of making tax payments under this chapter, taxes equal to the amount of the refundable credit shall be considered to be paid to this state on the first day of the taxable year. The refundable credit shall not be claimed for any taxable years ending with or following the calendar year in which a relocation of employment positions occurs in violation of an agreement entered into

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(A) A refundable income tax credit granted by the tax credit authority under section122.17or former division (B)(2) or (3) of section122.171of the Revised Code, as those divisions existed before the effective date of the amendment of this section by H.B. 64 of the 131st general assembly, September 29, 2015, may be claimed under this chapter, in the order required under section5747.98of the Revised Code. For purposes of making tax payments under this chapter, taxes equal to the amount of the refundable credit shall be considered to be paid to this state on the first day of the taxable year. The refundable credit shall not be claimed for any taxable years ending with or following the calendar year in which a relocation of employment positions occurs in violation of an agreement entered into under section122.17or122.171of the Revised Code.

(B) A nonrefundable income tax credit granted by the tax credit authority under division (B) of section122.171of the Revised Code may be claimed under this chapter, in the order required under section5747.98of the Revised Code.