Ohio Code § 5729.18
Ohio Code § 5729.18. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 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 .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5729.18
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 5729.18?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 5729.18 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 5729.18 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
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