us-oh/stat
Ohio Rev. Code § 5726.33
Interest or penalty on qualifying refund overpayment
# (A)
As used in this section, "qualifying refund overpayment" means an amount received by a taxpayer in excess of a refund claimed or a request for payment made by the reporting person for the taxpayer on a return, report, or other document filed with the tax commissioner.
# (B)
A taxpayer is not liable for any interest or penalty with respect to the repayment of a qualifying refund overpayment if the reporting person for the taxpayer pays the entire amount of the qualifying refund overpayment to the commissioner not later than thirty days after the taxpayer receives an assessment for the amount. If the reporting person does not pay the entire amount of the overpayment to the commissioner within the time prescribed by this section, interest shall accrue on the amount of the deficiency pursuant to section 5726.32 of the Revised Code from the date the commissioner issues the assessment until the date the deficiency is paid.
Source: view the official text
In this chapter (32 sections)
- 5726.01 · Definitions
- 5726.02 · Financial institution tax; purpose; amount
- 5726.03 · Report; remittance
- 5726.04 · Amount of tax
- 5726.05 · Apportionment factor
- 5726.06 · Estimated tax reports
- 5726.07 · Underpayment of estimated taxes
- 5726.10 · Enforcement of chapter
- 5726.20 · Assessments
- 5726.21 · Penalties
- 5726.30 · Refunds
- 5726.31 · Application of refund to debt to the state
- 5726.32 · Interest on unpaid taxes
- 5726.33 · Interest or penalty on qualifying refund overpayment
- 5726.36 · Notification of changes in ownership or applicability of…
- 5726.40 · Cancellation of authority to to business in Ohio
- 5726.41 · Penalty for continuing after cancellation
- 5726.42 · Reinstatement
- 5726.43 · Quo warranto action
- 5726.50 · Tax credits for job creation
- 5726.52 · Tax credit for historic building rehabilitation
- 5726.53 · Tax credit for venture capital loan loss
- 5726.54 · New markets tax credit
- 5726.55 · Motion picture production tax credit
- 5726.56 · Research and development tax credit
- 5726.57 · Nonrefundable credit for qualifying dealers in intangibles
- 5726.58 · State low-income housing tax credit
- 5726.60 · Tax credit for single-family housing development
- 5726.61 · Opportunity zone investment tax credit
- 5726.62 · Transformational mixed use development tax credit
- 5726.98 · Calculating tax due
- 5726.99 · Minimum and maximum fines