(a) The Municipality hereby adopts Sections 718.80 to 718.95 of the Ohio Revised Code for tax years beginning on or after January 1, 2018.
(b) A taxpayer, as defined in division (c) of this section, may elect to be subject to Sections 718.80 to 718.95 of the Ohio Revised Code in lieu of the provisions of this Chapter.
(c) ‘Taxpayer’ has the same meaning as in Section 718.01 of the Revised Code, except that ‘taxpayer’ does not include natural persons or entities subject to the tax imposed under Chapter 5745 of the Revised Code. ‘Taxpayer’ may include receivers, assignees, or trustees in bankruptcy when such persons are required to assume the role of a taxpayer.
(d) If Sections 718.80 to 718.95 of the Revised Code are declared by a competent court of law to be unconstitutional, this Section shall cease to be in force and effect.
(Ord. 2018-07. Passed 3-28-18.)