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[16] Similarly, tax deductions and credits are denied where for illegal bribes, illegal kickbacks, or other illegal payments under any Federal law, or under a State if such State law is generally enforced, if the law "subjects the payor to a criminal penalty or the loss of license or privilege to engage in a trade or business."
HB1804; Oklahoma State Legislature; Full name: Oklahoma Taxpayer and Citizen Protection Act 2007: Introduced: February 5, 2007: House voted: May 1, 2007 (84–14)
The Oklahoma county commissioners scandal was a political corruption scandal in the United States. Brought to light in the 1980s through the OKSCAM investigation by the US Federal Bureau of Investigation , the investigation resulted in hundreds of people being charged with taking kickbacks or stealing public money . [ 1 ]
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Oklahoma schools State Superintendent Ryan Walters announced Monday an education advisory committee set to overlook and be proactive in implementing education changes from incoming Trump ...
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 ...
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. Income taxes are now the largest source of revenue for the State government, accounting for approximately 38% of total state revenue - 32% from individuals and 6% from corporations.