Ohio Statutes

§ 5751.54 — Tax credit for commercial activities tax

Ohio § 5751.54
JurisdictionOhio
Title 57Taxation
Ch. 5751Commercial Activity Tax

This text of Ohio § 5751.54 (Tax credit for commercial activities tax) 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. § 5751.54 (2026).

Text

(A)Any term used in this section has the same meaning as in section122.85of the Revised Code.
(B)There is allowed a refundable credit against the tax imposed by section5751.02of the Revised Code for any person that is the certificate owner of a tax credit certificate issued under section122.85of the Revised Code. The credit shall be claimed for the tax period in which the certificate is issued by the director of development services. The credit amount equals the amount stated in the certificate. The credit shall be claimed in the order required under section5751.98of the Revised Code. If the credit amount exceeds the tax otherwise due under section5751.02of the Revised Code after deducting all other credits in that order, the excess shall be refunded.
(C)Nothing in this section allows

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Legislative History

Effective: March 27, 2013 | Latest Legislation: House Bill 510 - 129th General Assembly

Nearby Sections

15
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Bluebook (online)
Ohio § 5751.54, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/5751.54.