Chapter 113-4 | Intangible, Franchise, and Excise Tax Payments

Rule 113-4-01 | Intangible property tax and insurance company franchise tax payments.

• Effective: January 1, 2024
• Promulgated Under: 111.15

The payment of any tax bill issued pursuant to section 5725.22 of the Revised Code shall be made in accordance with the provisions of this rule.

(A) Method of payment

Payments must be made by electronic funds transfer and payable in United States dollars. The electronic funds transfer payment must clearly identify the specific taxpayer's account number so that proper credit can be given. Unidentifiable payments may be rejected at the discretion of the treasurer.

(B) Timeliness of payment

The payment must be made to the treasurer on or before the due date specified on the tax bill or by the end of the first business day immediately following the due date, if such due date falls on a Saturday, a Sunday or a holiday. For purposes of determining the timeliness of a payment and the imposition of any penalty for late payment, as may be provided for by law, payment is considered to be made when it is deposited into the state's designated insurance premium bank account as a payment made by or on behalf of a specific taxpayer.

Last updated January 2, 2024 at 9:06 AM

Supplemental Information

Authorized By: 113.08, 5725.22
Amplifies: 113.08, 5725.22
Five Year Review Date: 12/31/2028
Prior Effective Dates: 10/1/1987 (Emer.), 12/11/1987, 6/28/2007, 2/4/2013

Rule 113-4-03 | Motor vehicle and watercraft sales and use tax.

• Effective: January 1, 2024
• Promulgated Under: 111.15

The payment of all motor vehicle and watercraft sales and use tax pursuant to sections 4505.06 and 1548.06 shall be made in accordance with this rule.

(A) Method of payment

Payments must be made by electronic funds transfer through the treasurer of state's online payment processing system and remitted pursuant to procedures prescribed by the treasurer of state.

(B) Timeliness of payment

Each county clerk shall forward to the treasurer of state all sales and use tax collections resulting from sales of motor vehicles, off-highway motorcycles, all-purpose vehicles, titled watercraft and outboard motors during a calendar week on or before the Friday following the close of that week. If, on any Friday, the offices of the clerk of courts or the state are not open for business, the tax shall be forwarded to the treasurer of state on or before the next day on which the offices are open. Upon receipt of a tax payment, the treasurer of state shall forward an online remittance report to the tax commissioner. If the tax due for any week is not remitted by a clerk of courts as required, the commissioner may require the clerk to forfeit the poundage fees for the sales made during that week.

Last updated January 2, 2024 at 9:06 AM

Supplemental Information

Authorized By: 113.08
Amplifies: 113.08, 4505.06, 1548.06
Five Year Review Date: 12/31/2028