Ohio Revised Code
Chapter 5751 | Commercial Activity Tax
Section 5751.05 | Election as Calendar Year Taxpayer.

Effective: September 6, 2012
Latest Legislation: House Bill 508 - 129th General Assembly
(A) If a person subject to this chapter anticipates that the person's taxable gross receipts will be more than one million dollars in a calendar year, the person shall notify the tax commissioner on the person's initial registration form and file on a quarterly basis as a calendar quarter taxpayer. Any taxpayer with taxable gross receipts of one million dollars or less shall register as a calendar year taxpayer and shall file annually.
(B) Any person that is a calendar year taxpayer under division (A) of this section shall become a calendar quarter taxpayer in the subsequent calendar year if the person's taxable gross receipts for the prior calendar year are more than one million dollars, and shall remain a calendar quarter taxpayer until the person notifies the commissioner, and receives approval in writing from the commissioner, to switch back to being a calendar year taxpayer.
(C) The commissioner may grant written approval for a calendar quarter taxpayer to use an alternative reporting schedule or estimate the amount of tax due for a calendar quarter if the taxpayer demonstrates to the commissioner the need for such a deviation. The commissioner may adopt a rule to apply division (C) of this section to a group of taxpayers without the taxpayers having to receive written approval from the commissioner.

Structure Ohio Revised Code

Ohio Revised Code

Title 57 | Taxation

Chapter 5751 | Commercial Activity Tax

Section 5751.01 | Definitions.

Section 5751.011 | Consolidation of Related Taxpayers - Election - Requirements.

Section 5751.012 | Combined Taxpayer Groups - Registration Fee - Liability.

Section 5751.013 | Taxation of Property Transferred Into State.

Section 5751.014 | Joint and Several Liability.

Section 5751.02 | Commercial Activity Tax Levied on Taxable Gross Receipts.

Section 5751.03 | Commercial Activity Tax Rate - Computation.

Section 5751.033 | Situsing of Gross Receipts to Ohio.

Section 5751.04 | Registration of Taxpayer With Commissioner - Fee.

Section 5751.05 | Election as Calendar Year Taxpayer.

Section 5751.051 | Filing of Tax Return Required - Minimum Interim Payment.

Section 5751.052 | Megaproject Supplier Verification.

Section 5751.06 | Penalty for Late Filing or Delinquent Payment.

Section 5751.07 | Quarterly Payments - Electronic Filing of Returns - Penalty.

Section 5751.08 | Application for Refund to Taxpayer.

Section 5751.081 | Application of Refund to Debt to State.

Section 5751.09 | Assessment Against Person Not Filing Return or Paying Tax.

Section 5751.091 | Megaproject Supplier Exclusion Clawback.

Section 5751.10 | Disposal of Business or Assets - Tax Due Immediately.

Section 5751.11 | Failure to Report or Pay - Annulment of Privilege or Franchise.

Section 5751.12 | Records, Federal Returns, and Federal-State Reconciliation Computations.

Section 5751.20 | School District Tangible Property Tax Replacement Fund.

Section 5751.21 | Payments to School Districts for Fixed-Rate and Fixed-Sum Levy Losses.

Section 5751.22 | Distribution of Fixed-Sum Payments to Local Taxing Units.

Section 5751.31 | Direct Appeal on Constitutional Issues to Supreme Court.

Section 5751.40 | Application for Qualifying Certificate to Be a Qualified Distribution Center.

Section 5751.41 | Certification of Uranium Enrichment Zone.

Section 5751.42 | Integrated Supply Chains.

Section 5751.50 | Claiming Refundable and Nonrefundable Credits.

Section 5751.51 | Credit for Qualified Research Expenses.

Section 5751.52 | Credit for Qualified Research and Development Loan Payments.

Section 5751.53 | Credit Against Tax for Amortizable Net Operating Losses.

Section 5751.54 | Tax Credit for Commercial Activities Tax.

Section 5751.98 | Order of Credits - Limitations - Excess Carried Forward.

Section 5751.99 | Penalties.