Upcoming Oklahoma Statutory Amnesty
OKLAHOMA – Starting on September 14, 2015 through November 13, 2015, a statutory amnesty will take place. The taxes covered under this amnesty will be gasoline and diesel taxes, gross production and petroleum excise taxes, corporate income tax, bank “in-lieu” taxes, individual income tax, withholding taxes, sales and use taxes, and mixed beverage taxes. Applicable years will be liabilities due for tax periods ending before January 1, 2015. Penalty and interest will be waived. It is estimated that $35 million will be collected in back taxes.
About Davis & Davis LLC – Sales Tax Experts: Headquartered in Dallas, Texas, Davis & Davis LLC – Sales Tax Experts specializes in sales/use tax audit consulting and audit defense. Our team of consultants is comprised of former Big 4 sales tax consultants and state sales tax auditors. Each of our consultants has 15 to 20 years of experience, providing our clients with access to a highly specialized team of sales/use tax professionals. At Davis & Davis we are committed to maintaining the highest standards in our talent pool. We work hard to meet our clients’ needs by ensuring that you view our firm as an extension of your company and a member of your team.
For sales/use tax compliance questions or audit related concerns, we are here to help!
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