Search results
Results from the WOW.Com Content Network
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 ...
Taxes based on income are imposed at the State level, both on individuals and corporations. 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 ...
1.9 Secretary of Human Resources and Administration. ... This is an incomplete list of Oklahoma state agencies. ... Oklahoma Tax Commission;
Approximately $10 billion is deposited each year at the state treasurer's office into the Oklahoma State Treasury. This includes state tax revenues, such as income tax and gross production tax receipts; federal funds, such as matching funds for highway construction; and other tax revenues, such as the motor fuel tax, which are collected by the ...
The Office of State Finance was created in 1947 by Governor of Oklahoma Robert S. Kerr to replace the State Budget Office. In April 2010, Governor Brad Henry appointed the Oklahoma's first chief information officer following legislation passed in the last session of 2009 modernizing Oklahoma's state government information technology system.
The agency receives both federal and state funding and has additional sources of revenue. The agency received a state appropriation of $753 million and had a total budget of $5.1 billion for fiscal year 2023. [1] The Department of Human Services is the largest employer in Oklahoma state government.
Jack Fry is an American businessman, former firefighter and Republican politician He served as Midwest City Mayor, and holds a seat in the Oklahoma State Senate. Fry was first elected mayor of Midwest City in 2010 and re-elected without opposition in 2014, won the District 42 senate seat vacated by term-limited Cliff Aldridge. He is the primary ...
Top Marginal State Income Tax Withholding Rates 2022. Income tax is also levied by most U.S. states and many localities on individuals, corporations, estates, and trusts. These taxes are in addition to federal income tax and are deductible for federal tax purposes. State and local income tax rates vary from zero to 16% of taxable income. [63]