Ohio § 5726.53
Full text of Ohio Ohio Revised Code § 5726.53, with citation guidance and answers to common questions.
§ 5726.53.
A taxpayer may claim a refundable credit against the tax imposed by this chapter for
each person included in the annual report of the taxpayer that was issued a tax credit
certificate by the Ohio venture capital authority under section 150.07 of the Revised Code . The amount of the credit shall equal the amount specified in the tax credit certificate. The credit shall be claimed for the tax year specified in the tax credit certificate. The taxpayer shall claim the credit in the order required under section 5726.98 of the Revised Code . If the credit amount exceeds the tax otherwise due under section 5726.02 of the Revised Code after deducting all other credits preceding the credit in the order prescribed in section 5726.98 of the Revised Code , the excess shall be refunded to the taxpayer.
Frequently Asked Questions About Ohio § 5726.53
What does Ohio Revised Code § 5726.53 cover?
Section 5726.53 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 5726.53?
A common citation format is "Ohio Revised Code § 5726.53" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 5726.53 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.