The Ohio Department of Taxation has reminded taxpayers that Ohio’s Consumer’s Use Tax Amnesty Program ends Wednesday, May 1, 2013.
The use tax was passed into law in the 1930s as a companion tax to the sales tax. In general, a taxpayer either pays the sales tax to a vendor or self-assesses and remits a use tax to the Ohio Department of Taxation for taxable purchases of tangible personal property or certain services.
The Tax Amnesty Program is intended to help Ohio businesses who are unaware of the use tax or behind on paying their use tax obligations to pay their past use tax liability without incurring additional penalties or interest. Companies that are behind on their use tax obligations and have not received an assessment notice may qualify for amnesty. To be considered for amnesty, the Tax Amnesty Program application must be postmarked by May 1, 2013.