A Handy Guide for Ohio Taxpayers Columbus Ohio State Board of Commerce

Cover A Handy Guide for Ohio Taxpayers Columbus Ohio State Board of Commerce
A Handy Guide for Ohio Taxpayers Columbus Ohio State Board of Commerce
Columbus Ohio State Board of Commerce
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A credit for a sum certain, payable in money, property of any kind, labor or service, must be valued at its true value in money.
If a credit is for a specific article, or a specified number or quantity of any article or articles of property, or for a certain amount of labor or services of any kind, it must be valued at the current price of such property or of such labor or service, at the place where payable.
Annuities, or moneys receivable at stated periods must be valued at the sum which the
...person listing them believes them to be worth in money at the time of listing.
(Soldiers pensions are not taxable under the above item. ) 25 ASSESSING PROPERTY The rule of "self assessment" in force in this state for more than a century has been abrogated.
The return of the taxpayer and the values and quantities of his property as stated by him, even though sworn to, no longer determine the amount » or taxable value thereof.
It is made the duty of the assessor to ascertain and determine the true value in money of the property owned or controlled by each person required to list property for taxation.


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