Ohio § 5747.031
Full text of Ohio Ohio Revised Code § 5747.031, with citation guidance and answers to common questions.
§ 5747.031.
For annual returns filed for taxable years beginning on or after January 1, 2017,
the department of taxation shall determine and provide to the office of budget and
management a report of the tax liability, before the application of any credits, under section 5747.02 of the Revised Code that arises from taxable business income, the tax liability, before the application
of any credits, that arises from income, other than taxable business income, as measured
and taxed under divisions (A)(1), (2), or (3) of that section, and the total amount
of credits claimed against the tax levied under that section. In providing actual and estimates of revenue pursuant to Chapter 126. of the Revised
Code, the office of budget and management shall separately list the tax liability,
before the application of any credits, under section 5747.02 of the Revised Code that arises from taxable business income, the tax liability, before the application
of any credits, that arises from income, other than taxable business income, as measured
and taxed under divisions (A)(1), (2), or (3) of that section, and the total amount
of credits claimed against the tax levied under that section.
Frequently Asked Questions About Ohio § 5747.031
What does Ohio Revised Code § 5747.031 cover?
Section 5747.031 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 § 5747.031?
A common citation format is "Ohio Revised Code § 5747.031" (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 § 5747.031 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.