All types of storage, be it of raw materials or parts, product (except in-process product), completed product, consumables, fuel, waste, scrap, equipment, tools, supplies, repair parts, etc., is taxable.
Tax-exempt customers Some customers are exempt from paying sales tax under Ohio law. Examples include government agencies, some nonprofit organizations, and merchants purchasing goods for resale. Sellers are required to collect a valid exemption or resale certificate from buyers to validate each exempt transaction.
Under Ohio sales tax law, the sale and installation of carpet (on floors and/or walls in a home, building or structure) is never considered a construction contract. Therefore, the sale and installation of carpet is considered a retail sale that is subject to the sales or use tax.
You can file your Ohio DBA online using the Secretary of State's website or by mail using the Name Registration form. The Name Registration form includes important sections including: The business structure of your company (LLC, general partnership, corporation, etc.)
Section 153.71 | Administrative rules. (A) Any public authority planning to contract for professional design services or design-build services may adopt, amend, or rescind rules, in ance with Chapter 119.
Today, many industry-standard construction contracts contain a “correction period,” which is a period of time (typically one year) following final project completion during which an owner may require the contractor to return to the job site and correct defective work at the contractor's expense.
Section 153.67 | Announcing contracts available for professional design or design-build services. Each public authority planning to contract for professional design services or design-build services shall publicly announce all contracts available from it for such services.
Section 153.63 | Agreement for escrow account for contractor. Ohio Revised Code. Title 1 State Government. Chapter 153 Public Improvements.
The law also places a limit on the amount a contractor can take as a down payment or deposit before work starts. Unless there are custom or specialty orders for materials, the contractor cannot ask for more than 10% upfront before work starts.