Okla. Stat. tit. 74, § 74-5075
This is the official text of Okla. Stat. tit. 74, § 74-5075, part of Oklahoma’s Stat. tit. 74, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 74,." Browse the sections below, each linked to its official government source.
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State income tax exemption for sponsor
Official statutory text
A. For tax years ending before January 1, 2020, income earned
by a sponsor from rental fees, service fees or any other form of
Oklahoma Statutes - Title 74. State Government Page 1160
payment for services provided to a tenant as an operator of an
incubator, or for providing funding for such a facility, shall be
exempt from state income tax for a period not to exceed ten (10)
years from the date of the tenant's occupancy in an incubator.
B. The Oklahoma Tax Commission shall promulgate rules and
regulations to implement the provisions of this section.
by a sponsor from rental fees, service fees or any other form of
Oklahoma Statutes - Title 74. State Government Page 1160
payment for services provided to a tenant as an operator of an
incubator, or for providing funding for such a facility, shall be
exempt from state income tax for a period not to exceed ten (10)
years from the date of the tenant's occupancy in an incubator.
B. The Oklahoma Tax Commission shall promulgate rules and
regulations to implement the provisions of this section.
Status: in_force · Read it on the official government site
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