Ohio Revised Code Chapter 5729 - Foreign Insurance Companies

• Section 5729.01 - Return Premiums.
  (A) "Return premiums," as used in sections 5729.02 and 5729.03 of the Revised Code, does not include the cash surrender values under policies or...
• Section 5729.02 - Annual Statements Of Foreign Insurance Companies.
  Every foreign insurance company shall set forth in its annual statement to the superintendent of insurance the gross amount of premiums received by it...
• Section 5729.03 - Computation And Collection Of Tax.
  (A) If the superintendent of insurance finds the annual statement required by section 5729.02 of the Revised Code to be correct, the superintendent shall...
• Section 5729.031 - Credit Against Imposed Tax.
  As used in this section, "insurance company" includes any health insuring corporation as defined in section 1751.01 of the Revised Code; "insurance company group"...
• Section 5729.032 - Refundable Credit Against Tax On Foreign Insurance Company.
  Upon the issuance of a tax credit certificate by the director of development, a refundable credit granted by the tax credit authority under section...
• Section 5729.04 - Gross Premiums Of Mutual And Stock Insurance Companies.
  To compute franchise taxes on gross premiums to be paid under any law of this state by any mutual insurance company authorized to do...
• Section 5729.05 - Payment Of Tax - Due Date - Refund.
  On or before the fifteenth day of October each year, each foreign insurance company shall pay to the treasurer of state an amount equal...
• Section 5729.06 - Retaliatory Tax Rate.
  If the laws of another state, territory, or nation authorize charges for the privilege of doing business therein or taxes against insurance companies organized...
• Section 5729.07 - Eligible Employee Training Costs Tax Credit.
  As used in this section: (A) "Eligible employee" and "eligible training costs" have the same meanings as in section 5733.42 of the Revised Code....
• Section 5729.08 - Issuance Of Tax Credits By Ohio Venture Capital Authority.
  Upon the issuance of a tax credit certificate by the Ohio venture capital authority under section 150.07 of the Revised Code, a refundable credit...
• Section 5729.09 - Annual Report Required Of Chief Officer.
  The superintendent of insurance, annually and at such other times as he sees fit, shall require the president or other chief officer of each...
• Section 5729.10 - Revocation Of License For Failure To Pay Tax Or Make Report - Action To Recover Taxes - Report On Ceasing To Do Business.
  If a company fails to pay the tax levied by section 5729.03 of the Revised Code, or to make any partial payment thereof as...
• Section 5729.101 - Late Returns - Computation And Accrual Of Interest.
  For the purposes of this section, interest shall be computed at a rate per calendar month, rounded to the nearest one-hundredth of one per...
• Section 5729.102 - Application For Refund - Assessment Of Deficiency.
  (A) An application to refund to a foreign insurance company any taxes imposed by section 3737.71 of the Revised Code or this chapter that...
• Section 5729.11 - Penalty For Nonpayment Of Taxes.
  If any foreign insurance company refuses to pay the tax levied by section 5729.03 of the Revised Code upon demand being made therefor, it...
• Section 5729.12 - Inspection Of Books By Superintendent Of Insurance.
  When notice of a violation of sections 5729.07 to 5729.09, inclusive, and section 5729.13 of the Revised Code, is received by the superintendent of...
• Section 5729.13 - Revocation Of Right To Do Business.
  Any company which violates sections 5729.07 to 5729.09, inclusive, of the Revised Code, shall, upon notice and satisfactory proof being made to the superintendent...
• Section 5729.14 - Right To Deny Admission To Companies Which Violate Laws.
  When a foreign insurance company applies to the superintendent of insurance for admission to do business in this state, it shall not be admitted...
• Section 5729.15 - Expenses Of Inspection To Be Paid By Company.
  The superintendent of insurance shall receive his necessary expenses as compensation for services rendered under sections 5729.01 to 5729.15, inclusive, of the Revised Code....
• Section 5729.16 - Nonrefundable Credit For Foreign Insurance Company Holding A Qualified Equity Investment.
  (A) Terms used in this section have the same meaning as in section 5725.33 of the Revised Code. (B) There is hereby allowed a...
• Section 5729.17 - Tax Credit For Insurer That Owns A Rehabilitation Tax Credit Certificate.
  (A) As used in this section, "certificate owner" has the same meaning as in section 149.311 of the Revised Code. (B) There is allowed...
• Section 5729.98 - Order Of Claims For Tax Credits And Offsets.
  (A) To provide a uniform procedure for calculating the amount of tax due under this chapter, a taxpayer shall claim any credits and offsets...

Last modified: October 10, 2016