LegalFix
Sign In

Section 5725.13 - Taxable property of dealers in intangibles.

Ohio Rev Code § 5725.13 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

The following property shall be listed and assessed at its fair value and taxed only in the manner prescribed in sections 5725.01 to 5725.26, inclusive, of the Revised Code:

(A) The shares of the stockholders in an incorporated dealer in intangibles having an actual place of business in this state, to the extent represented by capital employed in this state;

(B) The shares of the stockholders, partners, or members of an unincorporated dealer in intangibles having an actual place of business in this state, the capital stock of which is divided into shares held by the owners, to the extent represented by capital employed in this state;

(C) The property representing capital employed in this state by an unincorporated dealer in intangibles whose capital stock is not divided into shares, having an actual place of business in this state.

Effective Date: 10-01-1953 .

Previous Section
Section 5725.12 - Failure to make return - false statement - forfeiture.
Next Section
Section 5725.14 - Annual return of resources by dealer in intangibles - gross receipts - consolidated returns.