Ohio § 5729.18
Full text of Ohio Ohio Revised Code § 5729.18, with citation guidance and answers to common questions.
§ 5729.18.
There is allowed a credit against the tax imposed by section 5729.03 of the Revised Code for an insurance company subject to that tax that holds the rights to a tax credit
certificate issued under section 122.09 of the Revised Code . The credit shall equal the dollar amount indicated on the certificate or the ensuing
calendar year. The credit shall be claimed in the calendar year specified in the certificate and
in the order required under section 5729.98 of the Revised Code . If the credit exceeds the amount of tax otherwise due in that year, the company
may carry forward the excess for not more than five ensuing years, but the amount
of the excess credit claimed against the tax for any year shall be deducted from the
balance carried forward to the next year. No credit shall be claimed under this section to the extent the certificate was used
to claim a credit under section 5725.35 , 5726.62 , or 5747.87 of the Revised Code .
Frequently Asked Questions About Ohio § 5729.18
What does Ohio Revised Code § 5729.18 cover?
Section 5729.18 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 § 5729.18?
A common citation format is "Ohio Revised Code § 5729.18" (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 § 5729.18 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.