“Intangible income” means that income specified in RC 718.01(A)(5) including any of the following types of income: income yield, interest, capital gains, dividends, or other income arising from the ownership, sale, exchange or other disposition of intangible property including, but not limited to, investments, deposits, money or credits as those terms are defined in RC Chapter 5701, and patents, copyrights, trademarks, tradenames, investments in real estate investment trusts, investments in regulated investment companies, and appreciation on deferred compensation. “Intangible income” does not include prizes, awards or other income associated with, attributable to or derived from any lottery winnings or other similar games of chance.
(Ord. No. 2208-04. Passed 12-13-04, eff. 12-17-04)