Frequently Asked Questions

Frequently Asked Questions Tool

The Ohio Department of Taxation has compiled a list of frequently asked questions covering many different categories.

To view the questions, click on the "Select Category" bar and then click on  the category you are interested in.  A list of questions will appear pertaining to that category. Then click on the question you are inquiring about and the answer will appear.

What is a "related member"? Can you provide an example?

Generally, a “related member” is any person (individual, corporation, partnership, etc.) who directly or indirectly owns at least 20% or more of another entity RC. 5733.42(A)(6). An example would be Fiat and Chrysler since Fiat now owns more than 50% of the stock of Chrysler, the two corporations are related members.


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