Ohio Revised Code Chapter 5726 - Financial Institutions Tax

• Section 5726.01 - Definitions.
  Article 1. General Provisions As used in this chapter: (A) "Affiliated group" means a group of two or more persons with fifty per cent...
• Section 5726.02 - Financial Institution Tax; Purpose; Amount.
  Article 1. General Provisions (A) For the purpose of funding the needs of this state and its local governments beginning with the tax year...
• Section 5726.03 - Report; Remittance.
  Article 1. General Provisions (A) (1) Annually, on or before the fifteenth day of October, the reporting person for each taxpayer shall make a...
• Section 5726.04 - Amount Of Tax.
  Article 1. General Provisions (A) The tax levied on a financial institution under this chapter shall be the greater of the following: (1) A...
• Section 5726.041 - Computing Total Ohio Equity Capital.
  Article 1. General Provisions (A) As used in this section, "Ohio-qualified real estate investment trust" means a real estate investment trust that is traded...
• Section 5726.05 - Apportionment Factor.
  Article 1. General Provisions (A) An apportionment factor shall be used to determine the total Ohio equity capital of a financial institution. The factor...
• Section 5726.06 - Estimated Tax Reports.
  Article 1. General Provisions (A) The reporting person for a taxpayer shall file estimated tax reports and remit the amount of tax estimated to...
• Section 5726.07 - Underpayment Of Estimated Taxes.
  Article 1. General Provisions (A) In the case of an underpayment of estimated taxes required to be paid under section 5726.06 of the Revised...
• Section 5726.08 - [Repealed].
  Article 1. General Provisions Repealed by 130th General Assembly File No. TBD, HB 492, §2, eff. 9/17/2014. Added by 129th General AssemblyFile No.186, HB...
• Section 5726.10 - Enforcement Of Chapter.
  Article 1. General Provisions The tax commissioner shall enforce and administer this chapter. In addition to any other powers conferred upon the commissioner by...
• Section 5726.20 - Assessments.
  Article 2. (A) The tax commissioner may make an assessment, based on any information in the commissioner's possession, against any person that fails to...
• Section 5726.21 - Penalties.
  Article 2. (A) In addition to any other penalty imposed by this chapter or Chapter 5703. of the Revised Code, the following penalties shall...
• Section 5726.30 - Refunds.
  Article 3. (A) The tax commissioner shall refund the amount of taxes imposed under this chapter that a person overpaid, paid illegally or erroneously,...
• Section 5726.31 - Application Of Refund To Debt To The State.
  Article 3. As used in this section, "debt to this state" means unpaid taxes due the state, unpaid workers' compensation premiums due under section...
• Section 5726.32 - Interest On Unpaid Taxes.
  Article 3. If any tax due under this chapter is not paid on or before the date prescribed for its payment, interest shall be...
• Section 5726.33 - Interest Or Penalty On Qualifying Refund Overpayment.
  Article 3. (A) As used in this section, "qualifying refund overpayment" means an amount received by a taxpayer in excess of a refund claimed...
• Section 5726.36 - Notification Of Changes In Ownership Or Applicability Of Chapter.
  Article 3. (A) A person shall notify the tax commissioner when the person is no longer subject to the tax imposed by this chapter....
• Section 5726.40 - Cancellation Of Authority To To Business In Ohio.
  Article 4. If a person, wherever organized, doing business in this state or owning or issuing all or part of the entity's capital or...
• Section 5726.41 - Penalty For Continuing After Cancellation.
  Article 4. No person shall exercise, or attempt to exercise, any powers, privileges, or franchises under the person's document of creation after the document...
• Section 5726.42 - Reinstatement.
  Article 4. (A) (1) A person whose document of creation has been canceled by the secretary of state pursuant to section 5726.40 the Revised...
• Section 5726.43 - Quo Warranto Action.
  Article 4. If any financial institution fails to make and file any return or report required under this chapter, or to pay the penalties...
• Section 5726.50 - Tax Credits For Job Creation.
  Article 5. Tax Credits (A) A taxpayer may claim a refundable tax credit against the tax imposed under this chapter for each person included...
• Section 5726.51 - [Repealed].
  Article 5. Tax Credits Repealed by 131st General Assembly File No. TBD, HB 340, §101.02, eff. 12/22/2015. Related Legislative Provision: See 131st General Assembly...
• Section 5726.52 - Tax Credit For Historic Building Rehabilitation.
  Article 5. Tax Credits (A) As used in this section, "certificate owner" has the same meaning as in section 149.311 of the Revised Code....
• Section 5726.53 - Tax Credit For Venture Capital Loan Loss.
  Article 5. Tax Credits A taxpayer may claim a refundable credit against the tax imposed by this chapter for each person included in the...
• Section 5726.54 - New Markets Tax Credit.
  Article 5. Tax Credits (A) Any term used in this section has the same meaning as in section 5725.33 of the Revised Code. (B)...
• Section 5726.55 - Motion Picture Production Tax Credit.
  Article 5. Tax Credits (A) Any term used in this section has the same meaning as in section 122.85 of the Revised Code. (B)...
• Section 5726.56 - Research And Development Tax Credit.
  Article 5. Tax Credits (A) As used in this section, "qualified research expenses" has the same meaning as in section 41 of the Internal...
• Section 5726.57 - Nonrefundable Credit For Qualifying Dealers In Intangibles.
  Article 5. Tax Credits (A) As used in this section, "qualifying dealer in intangibles" means a dealer in intangibles that is a member of...
• Section 5726.98 - Calculating Tax Due.
  Article 6. (A) To provide a uniform procedure for calculating the amount of tax due under section 5726.02 of the Revised Code, a taxpayer...
• Section 5726.99 - Minimum And Maximum Fines.
  Article 6. Whoever violates section 5726.41 of the Revised Code shall be fined not less than one hundred dollars or more than one thousand...

Last modified: October 10, 2016