Oklahoma venture capital tax credits explained Published: Sun, May 27, 2012 Venture capital tax credits are tax breaks granted to specialty investment companies in exchange for them investing in certain types of new or expanding Oklahoma businesses. Read More

Bank of Oklahoma subsidiary focus of Tax Commission audit Published: Sun, May 27, 2012 Oklahoma taxpayers may be out up to $160 million because a company is claiming it should have gotten tax credits on an $800 million investment made four years ago. Read More

Facebook IPO: Who is selling stock? Published: Tue, May 15, 2012 Facebook is selling 180 million of its shares in its initial public offering. Another 157 million are coming from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg, who's selling some of his stock to cover tax obligations. Even after the IPO, Zuckerberg will remain... Read More

Five companies or individuals claimed $100 million in Oklahoma tax credits for 2008 Published: Mon, May 7, 2012 In the 2008 tax year, five Oklahoma income tax returns claimed nearly $104.6 million in tax credits, an analysis of data published by the Oklahoma Office of State Finance shows. Read More

Oklahoma venture capital board headed out, must make good on $20 million Published: Fri, May 4, 2012 State lawmakers wanting to do away with the Oklahoma Capital Investment Board say they must unravel a dicey situation that could leave taxpayers with a hefty bill. Read More

Concert review: Oklahoma Music Hall of Fame induction Updated: Fri, Nov 11, 2011 Kristen Chenoweth, Nokie Edwards, The Wayman Tisdale Band and more entertained as they received their honors. Read More

Panel backs plan to close tax loophole Updated: Thu, May 25, 2006 A bill to block a tax credit scheme that is costing the state tens of millions of dollars was signed out of a joint House-Senate committee late Wednesday. The bill now heads for a vote in the Senate. It will go to the governor if passed by both houses before the legislative session ends, which has been plagued by... Read More

Fix for tax credit fiasco to be put on table Updated: Sat, May 6, 2006 OKLAHOMA CITY - Sen. Ted Fisher says he will offer legislation this week to permanently fix two state tax credit programs that critics say are being abused, costing taxpayers tens of millions of dollars without necessarily creating any jobs. The House has passed a bill to place a June 1, 2007, moratorium on the... Read More

Tax credits await changes Updated: Mon, Apr 17, 2006 Too many gray areas. That's why Robert Nall doesn't offer venture capital tax credits to his clients. Instead, Nall prefers to focus on state tax credits that are freely transferable, such as those for wind-powered energy. Transferable tax credits make up just six of the scores of state income tax credits. "I... Read More

Loophole in tax law threatens budget Updated: Sun, Mar 26, 2006 A tax loophole so big it threatens to cripple the state budget has lawmakers scrambling at the state Capitol. "It's awful," said state Sen. Ted Fisher, who in the 1990s authored the two pieces of venture capital tax credit legislation that are now being abused. "I wrote these two programs, and I'm sick to my... Read More