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State Taxes |
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| The state of Oklahoma offers some of the best tax
rates available anywhere in the country: - Oklahoma's Per Capita Property Taxes are
4th Lowest in the U.S. - Oklahoma's Per Capita Corporate Income Taxes
are 5th Lowest in the U.S. - Oklahoma's Per Capita Total Tax burden is
8th Lowest in the U.S To download the Official Oklahoma guide to taxes and incentives click here . |
| State Taxes | TYPE | BASE OR MEASURE
| RATE
| ADMINISTERING AGENCY
| Corporate Income Tax
| Net Income
| 6%
| Oklahoma Tax Commission | Franchise Tax
| Capital employed to produce stated income | $10-$20,000 max.
$1.25 per $1,000
| Oklahoma Tax Commission | State Sales and Use Tax
| Receipts from sales/use of taxable items
| 4.50% | Oklahoma Tax Commission | Local Sales and Use Tax
| Receipts from sales/use of taxable items | Approx. 3% County/City
| Oklahoma Tax Commission | Unemployment Insurance Tax
| Wages to approximately $14,300
| 3-9.2%
1% new locations | Oklahoma Employment Security Commission
| Workers Compensation Insurance
| Payroll and Occupation
| Variable | Workers Compensation Court
| Personal Income Tax
| Taxable Income
| 0.5-7.0% max. (most purposes)
| Oklahoma Tax Commission
| Local Property Tax
| Valuation of Property
| Approx. 1% of Value
| County Assessor
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