Ohio § 5733.59
Full text of Ohio Ohio Revised Code § 5733.59, with citation guidance and answers to common questions.
§ 5733.59.
(A) Any term used in this section has the same meaning as in section 122.85 of the Revised Code . (B) There is allowed a credit against the tax imposed by section 5733.06 of the Revised Code for any corporation that is the certificate owner of a tax credit certificate issued
under section 122.85 of the Revised Code . The credit shall be claimed for the taxable year in which the certificate is issued
by the director of development. The credit amount equals the amount stated in the certificate. The credit shall be claimed in the order required under section 5733.98 of the Revised Code . If the credit amount exceeds the tax otherwise due under section 5733.06 of the Revised Code after deducting all other credits in that order, the excess shall be refunded. (C) If, pursuant to division (G) of section 5733.01 of the Revised Code , the corporation is not required to pay tax under this chapter, the corporation may
file an annual report under section 5733.02 of the Revised Code and claim the credit authorized by this section. Nothing in this section allows a corporation to claim more than one credit per tax
credit-eligible production.
Frequently Asked Questions About Ohio § 5733.59
What does Ohio Revised Code § 5733.59 cover?
Section 5733.59 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 § 5733.59?
A common citation format is "Ohio Revised Code § 5733.59" (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 § 5733.59 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.