Government Resources

Distributions - Dealers In Intangibles

Dealers In Intangibles - (NO LONGER DISTRIBUTED)

The Dealers in Intangibles (DIT) tax applies to any business with an office in and/or doing certain business in Ohio including:

  • Lending money
  • Discounting, buying, or selling bills of exchange, drafts, acceptances, notes, mortgages, or other evidences of indebtedness
  • Buying or selling stocks, bonds or other investment securities

Five-eights of all DIT Ohio collections are paid into the undivided local government fund. Taxes are collected by the Treasurer of State and distributed by the Department of Taxation to the county listed by the taxpayer as its primary business location.

As of 1/1/2012, all DIT Ohio collections will be paid into the General Revenue Fund.