Ohio Code § 5711.16

§ 5711.16.

(A) As used in this section: (1) “ Manufacturer ” means a person who purchases, receives, or holds personal property for the purpose

of adding to its value by manufacturing, refining, rectifying, or combining different

materials with a view of making a gain or profit by so doing. (2) “ Manufacturing equipment ” means machinery and equipment, and tools and implements, including any associated

patterns, jigs, dies, drawings, and business fixtures, used at a manufacturing facility

by a manufacturer, and includes any such property leased to the manufacturer. “Manufacturing equipment” excludes property used for general office purposes.  Nothing in this division is to be construed to change the definition of personal

property, as defined in section 5701.03 of the Revised Code . (3) “ Manufacturing facility ” means a facility or portion of a facility used for manufacturing, mining, refining,

rectifying, or combining different materials with a view of making a gain or profit

by so doing. “ Manufacturing facility ” includes that portion of a facility used to store or transport raw materials, work-in-process,

or finished goods inventory, for packaging, for research, or to test for quality control,

as long as manufacturing, mining, refining, rectifying, or combining is also performed

at the facility. “Manufacturing facility” does not include any portion of a facility used primarily

for making retail sales. (4) “ Manufacturing inventory ” means all articles purchased, received, or otherwise held for the purpose of being

used, in whole or in part, in manufacturing, mining, combining, rectifying, or refining,

and of all articles that were at any time manufactured or changed in any way by a

manufacturer, either by mining, combining, rectifying, refining, or adding thereto. (B) When a manufacturer is required to return a statement of the amount of the manufacturer's

personal property used in business, the manufacturer shall include the average value,

estimated as provided in this section, of manufacturing inventory that the manufacturer

has had on hand during the year ending on the day the property is listed for taxation

annually, or the part of such year during which the manufacturer was engaged in business.  The manufacturer shall separately list finished products not kept or stored at the

place of manufacture or at a warehouse in the same county. The average value of such property shall be ascertained by taking the value of all

property subject to be listed on the average basis, owned by the manufacturer on the

last business day of each month the manufacturer was engaged in business during the

year, adding the monthly values together, and dividing the result by the number of

months the manufacturer was engaged in such business during the year.  The result shall be the average value to be listed. (C) A manufacturer also shall list all manufacturing equipment owned or used by the manufacturer.