2006 Ohio Revised Code - 5727.38. Excise tax on gross receipts of certain utilities.

§ 5727.38. Excise tax on gross receipts of certain utilities.
 

On or before the first Monday of November, annually, the tax commissioner shall assess an excise tax against each public utility subject to the excise tax under section 5727.30 of the Revised Code. The tax shall be computed by multiplying the taxable gross receipts as determined by the commissioner under section 5727.33 of the Revised Code by six and three-fourths per cent in the case of pipe-line companies, and four and three-fourths per cent in the case of all other companies. The minimum tax for any such company for owning property or doing business in this state shall be fifty dollars. The assessment shall be certified to the taxpayer and treasurer of state. 
 

HISTORY: GC § 5483; 102 v 224, § 94; 112 v 268; 115 v PtII, 321; 119 v 113; Bureau of Code Revision, 10-1-53; 127 v 139 (Eff 6-14-57); 130 v 1325 (Eff 7-17-63); 133 v H 531 (Eff 8-18-69); 135 v H 1338 (Eff 10-2-74); 139 v H 694 (Eff 1-1-82); 140 v H 291 (Eff 12-1-83); 141 v H 201 (Eff 7-1-85); 143 v S 156 (Eff 12-31-89); 148 v H 283 (Eff 9-29-99); 148 v S 3 (Eff 10-5-99); 148 v H 640. Eff 6-15-2000.
 

The effective date is set by section 81 of HB 640. 

See provisions, § 174 of HB 283 (148 v  - ), as amended by § 5 of SB 287 (148 v  - ), following RC § 5703.05.2. 

See provisions, § 176 of HB 283 (148 v  - ), following RC § 5727.24.