Okla. Stat. tit. 68, § 68-1210

A. In addition to any other statement required by law, for tax

year 2023 and previous tax years, each and every corporation,

association or organization, as enumerated in Sections 1201, 1203,

and 1204 of this title, subject to the provisions of Section 1201 et

seq. of this title, either during the period of July 1 to August 31,

inclusive, of each year, or not later than June 1 for taxpayers that

remitted the maximum amount of tax pursuant to Section 1205 of this

title for the preceding tax year, or, except for taxpayers that

remitted the maximum amount of tax pursuant to Section 1205 of this

title for the preceding tax year, on or before the date by which an

income tax return is required to be filed pursuant to the provisions

of subsection G of Section 2368 of this title or pursuant to the

provisions of Section 216 of this title, based upon the election by

the taxpayer regarding the due date for payment of tax, shall file

with the Oklahoma Tax Commission a statement under oath of its

president, secretary or managing officer, or managing agent in this

state. The statement shall be in such form as the Tax Commission

shall prescribe, including balance sheets as at the close of its

last preceding taxable year for which an income tax return was

required to be filed, showing the following:

1. The amount of its authorized capital stock, interests,

certificates, or other evidence of interest or ownership;

2. The amount thereof then paid up;

3. The number of units into which the same is divided;

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4. The par value of each unit and the number of such units

issued and outstanding;

5. The location of the office or offices;

6. The value of all property owned or used in its business and

wherever located;

7. The value of all property owned or used in its business

within this state as it existed on the last day of the tax year;

8. The total amount of all business wherever transacted during

the tax year;

9. The total amount of business transacted within this state

during such year; and

10. The names of its officers and the residence and post office

address of each as the same appear of record on the last day of the

tax year, based upon the election by the taxpayer regarding the due

date for payment of tax.

B. If any corporation, association or organization making a

return under the provisions of Section 1201 et seq. of this title

has no authorized capital, or if any of its shares of stock or other

evidences of interest or ownership have no par value, then such

corporation, association or organization shall so state in its

return, and shall, in addition thereto, state the book value of its

shares of stock or other evidences of interest or ownership. It

shall also, in making its return, make the showing required of all

other corporations, associations and organizations, and each foreign

corporation shall state the name of its registered agent residing at

the capital of the state. The return shall be in such form as the

Tax Commission shall prescribe.

C. A corporation or organization subject to the tax levied by

Section 1203 or Section 1204 of this title for which the computation

of capital employed in the state equals or exceeds Sixteen Million

Dollars ($16,000,000.00), shall file a maximum franchise tax return

on such form as may be prescribed by the Oklahoma Tax Commission.

D. The Tax Commission shall prescribe a form for use by

corporations or organizations subject to the maximum tax imposed by

Section 1205 of this title in order for such corporations or

organizations to determine if the value of capital employed in this

state requires filing a maximum franchise tax return. The Tax

Commission shall also prescribe a form for use by corporations or

organizations exempt from the tax imposed by Sections 1203 and 1204

of this title pursuant to Section 1205 of this title. Such form
ed by

Section 1205 of this title in order for such corporations or

organizations to determine if the value of capital employed in this

state requires filing a maximum franchise tax return. The Tax

Commission shall also prescribe a form for use by corporations or

organizations exempt from the tax imposed by Sections 1203 and 1204

of this title pursuant to Section 1205 of this title. Such form

shall include the names of the officers of the corporation or

organization and the residence and post office address of each as

the same appears of record on the last day of the tax year and a

statement attesting that no tax is due for the taxable period. If a

corporation or organization is required to file the maximum

franchise tax return or is exempt from the tax imposed by Sections

1203 and 1204 of this title pursuant to Section 1205 of this title,

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such return shall not be subject to the requirements of subsection A

of this section and the return shall only contain such information

as may be prescribed by the Commission. The return shall be in such

form as the Tax Commission shall prescribe.