Okla. Stat. tit. 68, § 68-1354.20

Requirements for entering into Streamlined Sales and Use Tax

Agreement.

The Oklahoma Tax Commission shall not enter into the Streamlined

Sales and Use Tax Agreement unless the Agreement requires each state

to abide by the following requirements:

1. Simplified State Rate. The Agreement must set restrictions

to limit over time the number of state rates;

2. Uniform Standards. The Agreement must establish uniform

standards for the following:

a. the sourcing of transactions to taxing jurisdictions,

Oklahoma Statutes - Title 68. Revenue and Taxation Page 455

b. the administration of exempt sales, and

c. sales and use tax returns and remittances;

3. Central Registration. The Agreement must provide a central,

electronic registration system that allows a seller to register to

collect and remit sales and use taxes for all signatory states;

4. No Nexus Attribution. The Agreement must provide that

registration with the central registration system and the collection

of sales and use taxes in the signatory states will not be used as a

factor in determining whether the seller has nexus with a state for

any tax;

5. Local Sales and Use Taxes. The Agreement must provide for

reduction of the burdens of complying with local sales and use taxes

through the following:

a. restricting variances between the state and local tax

bases,

b. requiring states to administer any sales and use taxes

levied by local jurisdictions within the state so that

sellers collecting and remitting these taxes will not

have to register or file returns with, remit funds to,

or be subject to independent audits from local taxing

jurisdictions,

c. restricting the frequency of changes in the local

sales and use tax rates and setting effective dates

for the application of local jurisdictional boundary

changes to local sales and use taxes, and

d. providing notice of changes in local sales and use tax

rates and of changes in the boundaries of local taxing

jurisdictions;

6. Monetary Allowances. The Agreement must outline any

monetary allowances that are to be provided by the states to sellers

or certified service providers. The Agreement must allow for a

review of the costs and benefits of administration and collection of

sales and use taxes incurred by states and sellers under the

existing sales and use tax laws at the time of adoption of the

Agreement and the proposed Streamlined Sales and Use Tax Agreement;

7. State Compliance. The Agreement must require each state to

certify compliance with the terms of the Agreement prior to joining

and to maintain compliance, under the laws of the member state, with

all provisions of the Agreement while a member;

8. Consumer Privacy. The Agreement must require each state to

adopt a uniform policy for certified service providers that protects

the privacy of consumers and maintains the confidentiality of tax

information; and

9. Advisory Councils. The Agreement must provide for the

appointment of an advisory council of private sector representatives

and an advisory council of nonmember state representatives to

consult with in the administration of the Agreement.

Oklahoma Statutes - Title 68. Revenue and Taxation Page 456