Okla. Stat. tit. 68, § 68-1204
This is the official text of Okla. Stat. tit. 68, § 68-1204, part of Oklahoma’s Stat. tit. 68, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 68,." Browse the sections below, each linked to its official government source.
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Tax on foreign corporations and business organizations
Official statutory text
For tax year 2023 and previous tax years, there is hereby levied
and assessed upon every corporation, association, joint-stock
company and business trust, organized and existing by virtue of the
laws of some other state, territory or country, now or hereafter
doing business in this state, as hereinbefore defined, a franchise
or excise tax equal to One Dollar and twenty-five cents ($1.25) for
each One Thousand Dollars ($1,000.00) or fraction thereof of the
amount of capital used, invested or employed within this state; it
being the purpose of this section to require the payment of a tax by
all organizations not organized under the laws of this state,
measured by the amount of capital, or its equivalent, used, invested
or employed in this state for which such organization receives the
benefit and protection of the government and laws of the state.
and assessed upon every corporation, association, joint-stock
company and business trust, organized and existing by virtue of the
laws of some other state, territory or country, now or hereafter
doing business in this state, as hereinbefore defined, a franchise
or excise tax equal to One Dollar and twenty-five cents ($1.25) for
each One Thousand Dollars ($1,000.00) or fraction thereof of the
amount of capital used, invested or employed within this state; it
being the purpose of this section to require the payment of a tax by
all organizations not organized under the laws of this state,
measured by the amount of capital, or its equivalent, used, invested
or employed in this state for which such organization receives the
benefit and protection of the government and laws of the state.
Status: in_force · Read it on the official government site
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