Tax Rules: Final: 5703-3
5703-3-09 - Returns by fiduciaries
on property of nonresidents
Tangible personal property of a nonresident subject to tax in
Ohio, and intangible property of a nonresident used in and
arising out of business in Ohio in any of the cases mentioned
in Section 5709.03, Revised Code, whether or not in the
possession of any agent, factor, bailee, lessee, consignee,
or other similar fiduciary in Ohio, shall, except as
hereinafter otherwise specifically or generally required by
the Department of Taxation, be returned by such nonresident,
in all cases where such nonresident is authorized to engage
in or is engaged in business in Ohio or if such nonresident
is otherwise required to file a Personal Property Tax return
in this State.
All such property hereinbefore mentioned in the foregoing
paragraph so owned and so held, and belonging to any
nonresident not authorized to engage in and not engaged in
business in Ohio and not otherwise required to file a
Personal Property Tax return in this State, shall be returned
by the fiduciary.
All taxable property of a resident shall in all instances,
except as may be otherwise provided by law or by the
Department of Taxation, be returned by such resident,
although held by a fiduciary of the kind herein enumerated.
Effective: 10-11-76 as TX-41-07
Promulgated under: 5703.14
Prior effective dates: 11-18-57