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| Monday, May 12, 2008 |
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LICKING COUNTY AUDITOR'S OFFICEJ. TERRY EVANS, AUDITOR
ESTATE TAX
The County Auditor acts as an agent for the Ohio Tax Commissioner and is responsible for processing the estate tax returns of decedents who resided in Licking County.
Previously, these monies collected from the estate tax were distributed by law, 36% to the State of Ohio and 64% to the taxing district (Township or Village) in which the decedent had resided and/or owned property. A new law went into effect January 1, 2001. Distribution of the estates of decedents from that date through December 31, 2002 is 30% to the State of Ohio and 70% to the taxing district. Starting January 1, 2003, the distribution is 20% to the State and 80% to the taxing district.
PERSONAL PROPERTY TAX
The County Auditor, as an agent for the Ohio Department of Taxation, is responsible for administering the Tangible Personal Property Tax Laws.
Annually, by April 30th, all individuals operating a business (having an active vendors license) and corporations in Licking County are required to file a Return of Taxable Business Property which is a tax on equipment, furniture, fixtures and inventory used in business.
Tangible Personal Property Taxes collected are distributed back to the local taxing districts in the same manner as real estate taxes.
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