Okla. Admin. Code § 710:50-15-58

Current through Vol. 42, No. 7, December 16, 2024
Section 710:50-15-58 - Adjustment for municipal interest

Due to the fact that income earned on obligations of a state or political subdivision is exempt from federal taxation, an Oklahoma Income Tax Return may be required under some circumstances, even though no Federal Return is due. [See: 68 O.S. § 2368 ]

Okla. Admin. Code § 710:50-15-58

Amended at 18 Ok Reg 2810, eff 6-25-01