Intangible tax in Oklahoma to be studied

 
BY JULIE BISBEE
Published: July 4, 2010

A measure that creates a task force examining how business property like software and trademarks is taxed is one of the most important pieces of legislation passed this year, business leaders say.

Senate Joint Resolution 61, signed into law by Gov. Brad Henry in June, is in response to a state Supreme Court opinion issued last fall saying companies should be assessed ad valorem tax on intangible property like client ...


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