Oklahoma –Sales And Use Tax Notification Law Passed May 17, 2016 House Bill 2531

SALT Report 3806 – The state of Oklahoma recently passed (May 17, 2016) House Bill 2531 known as the Retail Protection Act.  The Act will require online retailers (with no physical presence) to either register and collect use tax OR notify their customers in Oklahoma of their obligation to report their use tax. Also known as a notification law this bill brings in similar intent as drafted in Colorado (See SR 3786)

“An Act relating to revenue and taxation; creating the Oklahoma Retail Protection Act of 2016; amending 68 O.S. 2011, Section 1352, which relates to sales tax; providing short title; modifying definitions; amending 68 O.S. 2011, Sections 1401, 1407.2 and 1407.3, which relate to use tax; modifying definition; requiring certain retailers and vendors to provide certain statement to customers and specifying language thereof; modifying purpose and scope of certain initiative; deleting certain provisions relating to Retailer Compliance Initiative; modifying purpose and scope of certain outreach program; repealing 68 O.S. 2011, Sections 1354.1, 1354.2, 1354.3, 1354.4, 1354.5 and 1354.6, which relate to sales tax; providing for codification; providing for noncodification; and providing an effective date.”

For further Information:

Enrolled House Bill No. 2531

SALT Report 3786 –  Colorado Notification Law February 22, 2016