Ohio § 5751.091 Megaproject supplier exclusion clawback

Ohio Statutes

§ 5751.091 — Megaproject supplier exclusion clawback

Ohio § 5751.091

Title 57Taxation

Ch. 5751Commercial Activity Tax

This text of Ohio § 5751.091 (Megaproject supplier exclusion clawback) 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. § 5751.091 (2026).

Text

(A)If a taxpayer excludes from its taxable gross receipts amounts described under division (F)(2)(oo) or (pp) of section5751.01of the Revised Code for a tax period in which the taxpayer does not qualify for that exclusion for any portion of that tax period, the taxpayer shall remit to the tax commissioner a payment equal to the product of the following:

(a)the cost of all property received in this state by a megaproject operator from the taxpayer during that tax period, multiplied by (b) the tax rate prescribed in section5751.03of the Revised Code. The charge shall be levied and collected as a tax imposed under this chapter.

(B)A taxpayer required to remit a payment under division (A) of this section for three consecutive calendar years may not exclude from the taxpayer's taxable gross

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(A) If a taxpayer excludes from its taxable gross receipts amounts described under division (F)(2)(oo) or (pp) of section5751.01of the Revised Code for a tax period in which the taxpayer does not qualify for that exclusion for any portion of that tax period, the taxpayer shall remit to the tax commissioner a payment equal to the product of the following: (a) the cost of all property received in this state by a megaproject operator from the taxpayer during that tax period, multiplied by (b) the tax rate prescribed in section5751.03of the Revised Code. The charge shall be levied and collected as a tax imposed under this chapter.

(B) A taxpayer required to remit a payment under division (A) of this section for three consecutive calendar years may not exclude from the taxpayer's taxable gross receipts any amounts described in division (F)(2)(oo) or (pp) of section5751.01of the Revised Code for any tax period in any following calendar year.

Last updated August 8, 2023 at 10:01 AM