us-oh/stat
Ohio Rev. Code § 5751.54
Tax credit for commercial activities tax
# (A)
Any term used in this section has the same meaning as in section 122.85 of the Revised Code.
# (B)
There is allowed a refundable credit against the tax imposed by section 5751.02 of the Revised Code for any person that is the certificate owner of a tax credit certificate issued under section 122.85 of the Revised Code. The credit shall be claimed for the tax period in which the certificate is issued by the director of development services. The credit amount equals the amount stated in the certificate. The credit shall be claimed in the order required under section 5751.98 of the Revised Code. If the credit amount exceeds the tax otherwise due under section 5751.02 of the Revised Code after deducting all other credits in that order, the excess shall be refunded.
# (C)
Nothing in this section allows a person to claim more than one credit per tax credit-eligible production.
Last updated October 21, 2025 at 2:19 PM
Source: view the official text
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