(A) All taxes imposed by this chapter shall be collectible, together with any interest and penalties thereon, by suit as other debts of like amount are recoverable. No additional assessment shall be made after three years from the time of payment of any tax due hereunder; provided there shall be no period of limitation on an additional assessment in case of a return that omits gross income in excess of 25% of that required to be reported, or in the case of filing a false or fraudulent return with intent to evade the tax, or in the case of a failure to file a return. In those cases in which the Commissioner of Internal Revenue and the taxpayer have executed a waiver of the federal statute of limitations, the period within which an additional assessment may be made by the Finance Director shall be extended one year from the time of the final determination of the federal tax liability. (‘74 Code, § 83.75)
(B) Claims for refund of municipal income taxes must be brought within three years after the tax was due or the return was filed, whichever is later.
(Ord. 384-A, passed 4-1-71; Am. Ord. 01-1348, passed 1-16-01; Am. Ord. 05-1469, passed 12-21-05; Am. Ord. 14-1723, passed 10-21-14)
Statutory reference:
Refunds, see R.C. § 718.06