(a) All taxes imposed by this Chapter shall be collectible, together with any interest and penalties thereon, by suit, as other debts of like amounts are recoverable. Except in the case of fraud, omission of a substantial portion of income subject to this tax or failure to file a return, an additional assessment shall not be made after three years from the time the return was due or filed, whichever is later, provided, however, that in those cases where a waiver of the Federal statute of limitations has been executed, the period within which an additional assessment may be made by the Superintendent shall be one year from the time of the final determination of the Federal tax liability.
(Ord. 3661, passed 12-21-1960; Am. Ord. 2001-118, passed 12-18-2001)
(b) Taxes erroneously paid shall not be refunded unless a claim for refund is made within three years from the date that such payment was made or the return was due, or within one year after final determination of the Federal tax liability, whichever is later. In no case shall a refund be paid if the claim is not made within the time permitted by Ohio R.C. 718.12(C).
(c) Additional taxes of less than three dollars ($3.00) shall not be assessed and refunds of less than three dollars ($3.00) shall not be made.
(d) Interest shall be paid on an overpayment by a taxpayer from the date of the overpayment until the date of refund, unless the overpayment is refunded within 90 days after a complete return is filed or 90 days after the final filing date of the annual return, whichever is later. The interest shall be paid at the rate prescribed by Ohio R.C. 5703.47.
(Ord. O2004-28, passed 4-6-2004)