Tax Rules: Final: 5703-3
5703-3-28- Certain corporations to
file county supplemental returns
Under the provisions of section 5711.131 of the Revised Code,
a corporation required to file a combined return with the tax
commissioner may also be required to file informational
returns with one or more county auditors. The tax
commissioner hereby prescribes tax form 945-S, county
supplemental return, for that purpose.
If a corporation is required to file an inter-county
corporation return of taxable property with the tax
commissioner, it must also file a separate county
supplemental return, with the auditor of each county in which
any of the following conditions exists:
(A) The listed value of tangible personal property reported
by the corporation in any taxing district increases or
decreases by five hundred thousand dollars or more from that
reported by the same corporation in the same taxing district
for the previous year, or
(B) The corporation is not required to list tangible personal
property in a given taxing district for the current year, but
the listed value reported by that corporation in the same
taxing district for the previous year was five hundred
thousand dollars or more, or
(C) The corporation was not required to list tangible
personal property in a given taxing district for the previous
year, but the listed value of tangible personal property
reported by that corporation in the same taxing district for
the current year is five hundred thousand dollars or more, or
(D) A claim for deduction from book value is filed pursuant
to section 5711.18 of the Revised Code, and the listed value
in any taxing district resulting from such claim is reduced
by five hundred thousand dollars or more from the listed
value reported by the same corporation in the same taxing
district for the previous year.
The county supplemental return must be filed with the auditor
of each county so affected at the same time the inter-county
corporation return of taxable property is filed with the tax
commissioner. In the event the tax commissioner has granted
an extension of time in which to file the inter-county
corporation return of taxable property, the same extension
shall automatically apply to the filing of a county
supplemental return with a county auditor.
Effective: 11-26-80
Promulgated under: 5703.14
Authorized by: 5703.14
Amplifies: 5703.14, 5711.131