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Oklahoma Governor Signs Law with Sales Tax Exemptions for Nonprofits and Veterans

  • Oklahoma Governor signed a law amending, merging, consolidating, and repealing multiple statutes.
  • The law includes amendments to the sales tax statute:
  • Adds a sales tax exemption for sales to certain nonprofit entities organized before 2019, providing disaster assistance.
  • Adds a sales tax exemption for sales to certain tax-exempt organizations supporting military personnel and veterans transitioning to civilian life.

Source: news.bloombergtax.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.

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