Tax Rules: Final: 5703-9
5703-9-55 Sales and Use Tax, Change in State Tax
Rate.
(A) In the case of a state sales and use tax rate change
where the effective date of the rate change is less than
thirty days after the legislation adopting the rate change is
enacted, a vendor or seller who has erroneously collected tax
at the preceding rate will not be held liable for the failure
to collect the tax at the new rate if:
(1) The vendor or seller collected the tax at the immediately
preceding rate, and
(2) The vendor or seller’s failure to collect the tax at the
new rate does not extend beyond thirty days after the
enactment of the new rate.
(B) The relief in paragraph (A) of this rule will not apply
to a vendor or seller that fraudulently fails to collect tax
at the new rate or solicits purchasers based on the
immediately preceding rate.
Effective: 11/29/2010
R.C. 119.032 review dates: Exempt
Promulgated Under: 5703.14
Statutory Authority: 5703.05
Rule Amplifies: 5740.03