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Governor Stitt Personal Property Tax

McAfee & Taft

Oklahoma Sales Tax Code amended to provide exemptions for certain business-to-business sales of tangible property

McAfee & Taft on

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...more

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