- Oklahoma governor signed a bill to reduce state sales tax rate on food to zero percent
- Effective date expected to be 90 days after end of legislative session in August
- Local sales taxes cannot increase for food until June 30, 2025
- Exemption does not apply to alcoholic beverages, dietary supplements, marijuana products, prepared food, or tobacco
- Definition of food and food ingredients includes bottled water, candy, and soft drinks
- Prepared food defined as food sold in heated state, mixed by seller, or sold with eating utensils
- Adoption of Streamlined Sales Tax product definitions for these items
- “Food and food ingredients” means substances consumed for taste or nutritional value
Source: salestaxinstitute.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
