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

Oklahoma – OKC’s sales tax falls short of its budget target

“Oklahoma City’s sales tax collections are up over this time last year but still short of budget projections. Combined with last month’s shortfall, sales tax is running about $846,000 behind what was expected for the first two months of the Continue reading Oklahoma – OKC’s sales tax falls short of its budget target

Oklahoma – New Tax Rates In 2015

SALT Report 3516 – The Oklahoma Tax Commission has announced new sales and use tax rates that will be effective January 1, 2015. Bethel Acres   2.50%   sales (new) Bridgeport   3.00%    sales & use (new) Glencoe   4.662%   sales Comanche County    0.375%   Continue reading Oklahoma – New Tax Rates In 2015

Oklahoma – New Sales And Use Tax Rates

SALT Report 3489 – The following cities and counties will have enacted or changed their tax rates effective October 1, 2014. Greer County – 2%  (sales and use) Latimer County – 1.75% (sales and use) Marshall County – 1.75% (sales Continue reading Oklahoma – New Sales And Use Tax Rates

Oklahoma – Sales Tax Holiday August 1-3, 2014

SALT Report 3423 – Beginning August 1 and ending August 3, Oklahoma will hold a sales tax holiday giving shoppers the opportunity to purchase certain clothing and shoes free of sales tax. This includes state and any local sales taxes. Continue reading Oklahoma – Sales Tax Holiday August 1-3, 2014

Oklahoma—Local Sales Tax Rate Changes

SALT Report 3398 – The Oklahoma Tax Commission has announced the following sales and use tax rate changes. Broken Bow City will increase from 2.25% to 3%; Pauls Valley City will increase from 4% to 4.5%; and Tulsa City will Continue reading Oklahoma—Local Sales Tax Rate Changes

Oklahoma – HB 3216 Passed May 2, 2014 Provides Relief For Tornado Victims Of 2012 and 2013

SALT Report 3358 – The Oklahoma legislature proposed and passed HB 3216 that provides certain tax and fee relief for tornado victims of the 2012 and 2013 season. A credit for vehicle registration fees associated with the replacement of a Continue reading Oklahoma – HB 3216 Passed May 2, 2014 Provides Relief For Tornado Victims Of 2012 and 2013

Oklahoma – Amended Business Closure Rules

SALT Report 2941 – The Oklahoma Tax Commission made several changes to the rules that govern the procedures that must be followed when closing a business due to repeated sales tax delinquencies. Specifically noted is that a new “closure order” Continue reading Oklahoma – Amended Business Closure Rules

Oklahoma – Updated Taxability Matrix and Certificate of Compliance

SALT Report 2695 – The Oklahoma Tax Commission updated their Streamlined Sales and Use Tax Agreement certificate of compliance and taxability matrix to reflect the following changes: Certificate of Compliance A notation has been added to Section 318-Uniform Tax Returns, Continue reading Oklahoma – Updated Taxability Matrix and Certificate of Compliance

Oklahoma – Exempt Purchases Using Red Cross Debit Cards

SALT Report 2607 – The Oklahoma Tax Commission issued a notice advising taxpayers that due to the recent tornadoes in the state, the Commission is providing a sales tax exemption for purchases of tangible personal property and services by victims Continue reading Oklahoma – Exempt Purchases Using Red Cross Debit Cards