Ohio § 5751.03 Commercial activity tax rate - computation

Ohio Statutes

§ 5751.03 — Commercial activity tax rate - computation

Ohio § 5751.03

Title 57Taxation

Ch. 5751Commercial Activity Tax

This text of Ohio § 5751.03 (Commercial activity tax rate - computation) 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. § 5751.03 (2026).

Text

The rate of tax levied under section5751.02of the Revised Code for each tax period shall be two and six-tenths mills per dollar times the taxpayer's taxable gross receipts for the tax period after subtracting the exclusion amount for the calendar year.

Each taxpayer shall apply the full exclusion amount to the first calendar quarter return the taxpayer files that calendar year and may carry forward and apply any unused exclusion amount to subsequent calendar quarters within that same calendar year.

Last updated August 8, 2023 at 11:12 AM

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The rate of tax levied under section5751.02of the Revised Code for each tax period shall be two and six-tenths mills per dollar times the taxpayer's taxable gross receipts for the tax period after subtracting the exclusion amount for the calendar year.

Each taxpayer shall apply the full exclusion amount to the first calendar quarter return the taxpayer files that calendar year and may carry forward and apply any unused exclusion amount to subsequent calendar quarters within that same calendar year.

Last updated August 8, 2023 at 11:12 AM