Okla. Admin. Code § 710:65-18-10

Current through Vol. 42, No. 7, December 16, 2024

Section 710:65-18-10 - Effective dates of sales and use tax rate changes and of municipal boundary changes

(a) Changes in municipal or county sales or use tax rates shall become effective on the first day of the calendar quarter following the sixty (60) day notice to vendors of such rate change, as required by law, or in the case of purchases from printed catalogs, the notice provided shall be one hundred twenty (120) days.

(b) To facilitate giving sixty (60) day notice to vendors of the changes in municipal and county sales tax rates and changes in the boundaries of municipalities, and to ensure compliance with the statutory directive that such changes be effective on the first of a calendar quarter, the municipality or county must give the notice of any changes in accordance with the following schedule:

(1) Where notice of a change in rate or boundary is received by the Tax Commission on January 1 through January 15, such rate or boundary change shall be effective for sales and use tax purposes on the following April 1.

(2) Where notice of a change in rate or boundary is received by the Tax Commission on April 1 through April 15, such rate or boundary change shall be effective for sales and use tax purposes on the following July 1.

(3) Where notice of a change in rate or boundary is received by the Tax Commission on July 1 through July 15, such rate or boundary change shall be effective for sales and use tax purposes on the following October 1.

(4) Where notice of a change in rate or boundary is received by the Tax Commission on October 1 through October 15, such rate or boundary change shall be effective for sales and use tax purposes on January 1 of the following year.

(c) Failure to provide timely notice to the Commission of a rate or boundary change will delay the effective date of the rate or boundary change to the first day of the calendar quarter following such notice being given to the Commission and to the public for the requisite sixty (60) days.

(d) Vendors will be notified of rate changes by posting the changes to the rate charts available on the Tax Commission website at: www.tax.ok.gov.

Okla. Admin. Code § 710:65-18-10

Added at 21 Ok Reg 2581, eff 6-25-04

Amended by Oklahoma Register, Volume 36, Issue 22, August 1, 2019, eff. 8/11/2019