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Published: May 26, 2006
Senate approves plan to close loophole
By Randy Ellis, John Greiner and Paul Monies
The Oklahoma Senate on Thursday unanimously passed a bill designed to plug a tax credit loophole that could cost the state hundreds of millions of dollars if left unchecked.

The House of Representatives is expected to consider the bill today.

"Everybody has worked real hard to get these loopholes plugged," said state Sen. Ted Fisher, D-Sapulpa . "Tax Commission officials wrote the bill, and they say this wi...

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Q&A with David Greenwell

...purchaser, after considering these tax credits, is often less than $1,000. Q: When do the tax credits expire? A: The current...when it comes to preparing their taxes next year? A: During the past...qualifying for federal and state tax credits designed to encourage...

 Article | Sep 18, 2009
Tax commission limits electric car tax credits
BY JULIE BISBEE

Increased interest in tax credits for electric cars prompted the state Tax Commission to pass an emergency rule on Thursday to explain...recreation purposes,” are not eligible for a state tax credit. The new rule goes on to say that, "the fact that...

 Article | Sep 18, 2009
Tax ruling is bad news for Oklahoma golf cart buyers
BY JULIE BISBEE

...thinking they would be eligible for a state tax break may be disappointed. On Thursday, the Oklahoma Tax Commission clarified a rule that’s been on...recreation purposes” are not eligible for a state tax credit that waives nearly 50 percent of the...

 Article | Sep 19, 2009
Oklahoma legislative special session urged on status of tax credit
BY JULIE BISBEE

...for a special session to address a state tax credit on electric vehicles. Rep. Joe...session. The move comes after the state Tax Commission last week proposed a clarification...type vehicles are not eligible for a state tax credit. Many consumers purchased the carts...

 Article | Sep 22, 2009
Ada Electric Cars sues Oklahoma Tax Commission
BY TIM TALLEY/ASSOCIATED PRESS

...Garfield County judge to prevent the Oklahoma Tax Commission from enforcing an emergency rule...buyers of his vehicles from claiming a state tax credit for electric cars. A lawsuit filed...court in Enid by Ada Electric Cars names the Tax Commission and its three commissioners â...

 Article | Sep 24, 2009
Oklahoma shoppers saved $6.8M over sales tax holiday
BY BARBARA HOBEROCK - TULSA WORLD

...larger hit than in previous years from August’s sales-tax holiday. The recent holiday meant taxpayers kept...and $6.4 million in 2007, according to the Oklahoma Tax Commission. Tax Commission spokeswoman Paula Ross said Wednesday that...

 Article | Sep 17, 2009
Carbon copy: Smoke tax strategy uncapped for sodas
THE OKLAHOMAN EDITORIAL

...propose a penny-per-ounce tax on sugary drinks. "The science...Atkins never proposed an excise tax on high-carb foods. That...t pleased. Not only is a tax proposed, but the justification...arguments to increase tobacco taxes. The "rising burden” of...

 Article | Sep 21, 2009
Sales tax increase may pay Piedmont's firefighters
BY TIM HENLEY

...November whether to approve a one-cent sales tax increase to fund the city’s fire department...according to the U.S. Census. The sales tax revenue is expected to generate about...will be Nov. 10. The city’s sales tax rate is 4 percent, according to the Oklahoma...

 Article | Sep 24, 2009
Business Briefs: Tax amnesty extended

Tax amnesty extended An income tax amnesty program that has been flooded with applications from people who hid assets overseas will be extended from Wednesday until Oct. 15, the Internal Revenue Service said Monday. More than 3,000 Americans...

 Article | Sep 22, 2009
High cigarette taxes open black market opportunity
BY THE ASSOCIATED PRESS

...into a new line of work: tax-free cigarettes. It...Dismayed by the lost tax revenue, New York City...have to begin collecting taxes for the first time because...doesn’t collect sales taxes on Indian land, cigarettes...hustlers transporting tax-free cigarettes to...

 Article | Sep 16, 2009

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