Oklahoma Statutes (Last Updated: September 18, 2014)

§ 68-500.27. Retainage of 0.1% of tax for administrative costs.

Latest version.

Every supplier and permissive supplier which properly remits tax under this act shall be allowed to retain one-tenth of one percent (0.1%) of the tax imposed by this act and collected and remitted by that supplier in accordance with this act to cover the costs of administration imposed by this act including reporting, audit compliance, dye injection, and shipping paper preparation.

Added by Laws 1996, c. 345, § 27, eff. Oct. 1, 1996.

                    
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