When an exempt facility certificate is revoked or modified for the reason stated in division (C)(1) of section 5709.22 of the Revised Code, all taxes that would have been payable had no certificate been issued shall be assessed with penalties and interest prescribed by law applicable thereto dating to when the exemption was first allowed. Notwithstanding any other time limitations imposed by law, if the certificate is revoked or modified under division (C)(2), (3), or (4) of section 5709.22 of the Revised Code, all taxes that would have been payable had no certificate existed as of the first day of January of the calendar year in which the certificate was revoked or modified are subject to assessment.
Effective Date: 09-26-2003
Section: Previous 5709.211 5709.212 5709.22 5709.23 5709.231 5709.24 5709.25 5709.26 5709.27 5709.28 5709.30-to-5709.37 5709.40 5709.41 5709.411 5709.42 NextLast modified: October 10, 2016