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The Oklahoma Constitution vested the authority to levy taxes with the Oklahoma Legislature while the Oklahoma Tax Commission is the primary Executive agency responsible for collecting taxes. The most significant forms of taxation are income tax , sales tax and excise taxes .
Oklahoma City's sales tax remains 4.125%. That means someone grocery shopping in OKC will now be paying less than half as much in taxes now that the state portion is eliminated.
State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales , income , excise taxes , and user fees . Some are levied directly from residents and others are levied indirectly.
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.
Here's what to know about Oklahoma's grocery tax cut bill, how it will impact Oklahomans and what's next.
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 ...
Starting Thursday, Oklahomans will see lower taxes on their grocery bills. Here's what to know about the changes.
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 ...
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