Oklahoma Sales Tax Code amended to provide exemptions for certain business-to-business sales of tangible property
By EsqSocial Corporation 06/05/21
On May 3, 2021, Governor Kevin Stitt signed HB 1060, which amends the Oklahoma Sales Tax Code. Oklahoma levies a state sales tax of 4.5% on the gross proceeds received from all sales of tangible personal property unless otherwise exempt by statute. Sales are also subject to the levy of city and county sales taxes occurring within their boundaries....
By: McAfee & Taft