us-oh/stat
Ohio Rev. Code § 5751.50
Claiming refundable and nonrefundable credits
# (A)
For tax periods beginning on or after January 1, 2008, a refundable credit granted by the tax credit authority under section 122.17 or former division (B)(2) or (3) of section 122.171 of the Revised Code, as those divisions existed before September 29, 2015, the effective date of the amendment of this section by H.B. 64 of the 131st general assembly, may be claimed under this chapter in the order required under section 5751.98 of the Revised Code. For purposes of making tax payments under this chapter, taxes equal to the amount of the refundable credit shall be considered to be paid to this state on the first day of the tax period. A credit claimed in calendar year 2008 may not be applied against the tax otherwise due for a tax period beginning before July 1, 2008. The refundable credit shall not be claimed against the tax otherwise due for any tax period beginning after the date on which a relocation of employment positions occurs in violation of an agreement entered into under section 122.17 or 122.171 of the Revised Code.
# (B)
For tax periods beginning on or after January 1, 2008, a nonrefundable credit granted by the tax credit authority under division (B) of section 122.171 of the Revised Code may be claimed under this chapter in the order required under section 5751.98 of the Revised Code. A credit claimed in calendar year 2008 may not be applied against the tax otherwise due under this chapter for a tax period beginning before July 1, 2008. The credit shall not be claimed against the tax otherwise due for any tax period beginning after the date on which a relocation of employment positions occurs in violation of an agreement entered into under section 122.17 or 122.171 of the Revised Code. No credit shall be allowed under this chapter if the credit was available against the tax imposed by section 5733.06 or 5747.02 of the Revised Code, except to the extent the credit was not applied against such tax.
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In this chapter (35 sections)
- 5751.01 · Definitions
- 5751.02 · Commercial activity tax levied on taxable gross receipts
- 5751.03 · Commercial activity tax rate - computation
- 5751.04 · Registration of taxpayer with commissioner - fee
- 5751.05 · Election as calendar year taxpayer
- 5751.06 · Penalty for late filing or delinquent payment
- 5751.07 · Quarterly payments - electronic filing of returns - penalty
- 5751.08 · Application for refund to taxpayer
- 5751.09 · Assessment against person not filing return or paying tax
- 5751.10 · Disposal of business or assets - tax due immediately
- 5751.011 · Consolidation of related taxpayers - election - requirements
- 5751.11 · Failure to report or pay - annulment of privilege or franchise
- 5751.012 · Combined taxpayer groups - registration fee - liability
- 5751.12 · Records, federal returns, and federal-state reconciliation…
- 5751.013 · Taxation of property transferred into state
- 5751.014 · Joint and several liability
- 5751.20 · School district tangible property tax replacement fund
- 5751.21 · Payments to school districts for fixed-rate and fixed-sum…
- 5751.22 · Distribution of fixed-sum payments to local taxing units
- 5751.31 · Direct appeal on constitutional issues to supreme court
- 5751.033 · Situsing of gross receipts to Ohio
- 5751.40 · Application for qualifying certificate to be a qualified…
- 5751.41 · Certification of uranium enrichment zone
- 5751.42 · Integrated supply chains
- 5751.50 · Claiming refundable and nonrefundable credits
- 5751.051 · Filing of tax return required - minimum interim payment
- 5751.51 · Credit for qualified research expenses
- 5751.052 · Megaproject supplier verification
- 5751.52 · Credit for qualified research and development loan payments
- 5751.53 · Credit against tax for amortizable net operating losses
- 5751.54 · Tax credit for commercial activities tax
- 5751.081 · Application of refund to debt to state
- 5751.091 · Megaproject supplier exclusion clawback
- 5751.98 · Order of credits - limitations - excess carried forward
- 5751.99 · Penalties