- Oklahoma has authorized a sales tax exemption.
- The exemption applies to machinery and equipment used in digital assets mining.
- Items covered include servers, power distribution units, substations, software, and electricity.
- The exemption is for commercial mining purposes in a colocation facility.
- The policy was announced on June 19, 2024.
Source: vitallaw.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.
