Okla. Stat. tit. 68 § 1354.15

Current through Laws 2024, c. 453.

Section 1354.15 - Definitions

As used in the Streamlined Sales and Use Tax Administration Act:

1. "Agreement" means the Streamlined Sales and Use Tax Agreement;

2. "Certified automated system" means software certified jointly by the states that are signatories to the Agreement to calculate the tax imposed by each jurisdiction on a transaction, determine the amount of tax to remit to the appropriate state, and maintain a record of the transaction;

3. "Certified service provider" means an agent certified jointly by the states that are signatories to the Agreement to perform all of the seller's sales tax functions;

4. "Commission" or "Tax Commission" means the Oklahoma Tax Commission;

5. "Model 1 Seller" means a seller that has selected a certified service provider as its agent to perform all the seller's sales and use tax functions, other than the seller's obligation to remit tax on its own purchases;

6. "Model 2 Seller" means a seller that has selected a certified automated system to perform part of its sales and use tax functions but retains responsibility for remitting the tax;

7. "Model 3 Seller" means a seller that has sales in at least five states that are members of the Streamlined Sales and Use Tax Agreement, has total annual sales revenue of at least Five Hundred Million Dollars ($500,000,000.00), has a proprietary system that calculates the amount of tax due each jurisdiction, and has entered into a performance agreement with the member states that establishes a tax performance standard for the seller. As used in this definition, a seller includes an affiliated group of sellers using the same proprietary system;

8. "Model 4 Seller" means a seller registered under the Agreement which is not a Model 1 Seller, Model 2 Seller or Model 3 Seller;

9. "Person" means an individual, trust, estate, fiduciary, partnership, limited liability company, limited liability partnership, corporation, or any other legal entity;

10. "Sales tax" means a tax levied by the state, by a county or by another entity under Section 1350 et seq. of this title or a sales tax levied by a municipality under Section 2701 of this title;

11. "Seller" means any person making sales, leases or rentals of personal property or services;

12. "State" means any state of the United States and the District of Columbia; and

13. "Use tax" means a tax levied under Section 1401 et seq. of this title or a use tax levied by a county, municipality or other entity as provided by law.

Okla. Stat. tit. 68, § 1354.15

Added by Laws 2001, SB 589, c. 272, §2, eff. 11/1/2001; Amended by Laws 2003, SB 708, c. 41, §4, eff. 11/1/2003; Amended by Laws 2010, HB 3166, c. 419, §2, eff. 11/1/2010.