5707.031 Tax credit certificate against tax on intangibles dealer. - Ohio Statutes

5707.031 Tax credit certificate against tax on intangibles dealer.

As used in this section, “qualifying dealer in intangibles” has the same meaning as “qualifying dealer” in section 5725.24 of the Revised Code.

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 may be claimed against the tax imposed on a qualifying dealer in intangibles under section 5707.03 and Chapter 5725. of the Revised Code. The credit shall be claimed on a return due under section 5725.14 of the Revised Code after the certificate is issued by the authority.

Effective Date: 06-30-2005; 06-05-2006