Topic: Sales Tax

An expert's take on Oklahoma's new sales tax compliance law

One measure adopted this session to mitigate the extent of budget cuts was HB 2359, which aims to increase the collections of taxes owed on purchases made over the Internet or by other remote retailers. After opposition emerged, the final… Read more [More...]

Bridging the gap (1): Revisiting the vendor sales tax discount

With state revenue collections seeing their steepest plunge in a generation, Oklahoma is enduring a tough year of state budget cuts that are already having a harmful effect on families, communities and the economy. However, while the severity of this… Read more [More...]

Better Served: States are encouraged to broaden sales tax base

Should states be looking at broadening their sales tax bases to cover more currently untaxed services? That is the argument made in a recent paper by Michael Mazerov of  the Center on Budget and Policy Priorities: Most states could improve… Read more [More...]

Fewer Exceptions – Tobacco tax revenues rise while sales fall

Five years after voters approved a State Question increasing the tax on tobacco, there is good news to report: over the course of the recently completed fiscal year (FY ’09), tobacco sales in Oklahoma declined by 7.2 percent over the… Read more [More...]