News

Actions

Effort to collect more tax clears Okla. House

Web-Default-Image-KJRH_1280x720.png
Posted at 1:58 PM, Apr 04, 2016
and last updated 2016-04-04 14:58:50-04

OKLAHOMA CITY (AP) -- A bill intended to capture some of an estimated $150 million in unpaid sales taxes on Internet purchases made by Oklahomans each year has cleared a House committee.

Members of the House Appropriations and Budget Subcommittee on Revenue and Tax voted 5-2 on Monday for the bill that would require some online retailers to notify Oklahomans who make purchases that they may owe state taxes. The bill would apply to retailers with annual sales of more than $1 million.

The bill is one of several being considered by the Republican-controlled Legislature to increase revenue from unpaid sales and use taxes.

Oklahomans are required to report and pay taxes on items they purchase online from out-of-state retailers, but the state Tax Commission estimates only 4 percent of taxpayers comply with the rule.

Stay in touch with us anytime, anywhere.

Download our free app for Apple and Android and Kindle devices.

Sign up for newsletters emailed to your inbox. Select from these options: Breaking News, Severe Weather, School Closings, Daily Headlines and Daily Forecasts.

Follow us on Twitter

Like us on Facebook