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ANNUAL ELECTION RESOLUTION (To be utilized if mill levies were made permanent in previous election)TO:___ County Election Boardroom:The ___ School District, Independent SchoolDistrict No. ___ of ___,
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Chapter 5748 of the Ohio Revised Code pertains to the Commercial Activity Tax (CAT), which is a tax imposed on businesses for the privilege of doing business in Ohio.
Any person or entity with gross receipts exceeding a certain threshold in Ohio is required to file under Chapter 5748, which includes businesses and organizations operating in the state.
To fill out Chapter 5748, businesses must complete the required tax forms provided by the Ohio Department of Taxation, detailing their gross receipts and any applicable deductions. It is important to review the instructions provided by the state for accuracy.
The purpose of Chapter 5748 is to generate revenue for the state of Ohio by taxing business activities, thereby supporting public services and infrastructure.
Businesses must report gross receipts, any applicable exemptions, and the amount of tax due. Specific details and requirements can be found in the instructions for filing the Commercial Activity Tax.
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