Ohio Failed To Return $30M In Tax Refunds, Report Says

Law360, New York (November 21, 2013, 3:41 PM EST) -- The Ohio Inspector General announced Thursday that the state has wrongfully withheld more than $30 million in business tax refunds dating back more than a decade and called for reform of the state's tax administrator.

Following a 17-month review of the Ohio Department of Taxation, the state's watchdog found “numerous tax periods” in which approved refunds were erroneously placed in a pending status within the administration's system instead of being issued. Pending refunds went as far back as 1999, regulators said.

It was also the Department...
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