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The average effective state and local taxes for all states for different income groups. Sales taxes and excise taxes (blue), property taxes (green), state income taxes (red), and total taxes (clear).
This data is collected by the United States Census Bureau for state governments during fiscal year 2015. These statistics include tax collections for state governments only; they do not include tax collections from local governments.
Oklahoma first enacted an individual income tax in 1915 and then a corporate income tax in 1931. Income taxes are steadily increased as a major State revenue source since 1933 when the Oklahoma Constitution was amended to prohibit State-level taxation of property.
Here's how long it takes to get your Oklahoma tax refund, and how to file if you haven't already. Taxpayers have until April 15 to file their 2023 federal and state of Oklahoma income tax returns.
Tax returns for federal and Oklahoma state income taxes are due April 15. To file for an extension, taxpayers can fill out Form 4868 by April 15, giving you six more months to complete your tax ...
Oklahoma's total revenue in August amounted to $1.27 billion, a 1.9% increase over August 2023, according to the latest gross receipt report.
The Oklahoma Tax Commission (OTC) is the Oklahoma state government agency that collects taxes and enforces the taxation and revenue laws of the state. The Commission is composed of three members appointed by the Governor of Oklahoma and confirmed by the Oklahoma Senate. The Commissioners are charged with oversight of the agency but appoint an ...
A reduction in the state income tax sought by the governor will have a difficult time passing the Oklahoma Legislature this year.