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)