Tax Break Tracker Individual Entry
Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State:
Oklahoma
Reporting Jurisdiction:
Oklahoma
Jurisdiction type
:
State

Fiscal year ending In:
2020
Program name:
New Products Development Income Tax Exemptions
Program purpose
:
Research and development

Statutory authority
:
74 Oklahoma Statutes s. 5064.7

Abating jurisdiction(s)
:
State of Oklahoma

Applicable taxes:
Income Tax
Method of abatement
:
Tax exemption

Provisions for recapture
:
(not specified)

Gross revenue loss
:
not reported

Reimbursement / offset
:
not reported

Net revenue loss
:
not reported

Type of loss
:
Indeterminable as the exemption is commingled with other exemptions

Additional notes on dislosure:
(none)