Ohio Code § 5729.05

§ 5729.05.

On or before the fifteenth day of October each year, each foreign insurance company

shall pay to the treasurer of state an amount equal to one-half of the previous calendar

year's tax, before credits, which was assessed and paid under section 3737.71 of the Revised Code and this chapter.  This payment shall be considered as a partial payment of the tax upon the business

done in this state during the calendar year in which the payment date provided by

this paragraph is contained. At the time of filing its annual statement, each foreign insurance company shall pay

to the treasurer of state the tax assessable under section 3737.71 of the Revised Code and this chapter, calculated by such company from such annual statement.  The company may deduct the part of such tax already paid as a partial payment. The superintendent shall determine the correctness of the reports and statements of

insurance companies, compute the annual tax, and, on or before the fifteenth day of

May, prepare and furnish to the treasurer of state lists of all taxable companies,

showing as to each company the whole amount of the annual tax computed by the superintendent.  The treasurer of state, after deducting the tax already paid, shall promptly notify

each such company of any amount due, which amount shall be paid by each such company

to the treasurer of state by the fifteenth day of June next succeeding.  If a company has for any reason overpaid or was illegally or erroneously assessed

or charged for collection a larger amount of tax than its annual tax as computed by

the superintendent of insurance and an application for refund was timely filed under section 5729.102 of the Revised Code , a refund of the excess amount shall be paid from the tax refund fund created by section 5703.052 of the Revised Code .