Oklahoma § 68-500.20 - Precollection and remittance of tax by suppliers
Full text of Oklahoma Oklahoma Statutes § 68-500.20 — Precollection and remittance of tax by suppliers, with citation guidance and answers to common questions.
§ 68-500.20. Precollection and remittance of tax by suppliers
A. The tax imposed by Sections 500.4 and 500.4B of this title,
measured by motor fuel removed by a licensed supplier from a
terminal or refinery in this state other than a bulk transfer, shall
be precollected and remitted on behalf of the retail consumers to
the state by the supplier, as shown in the records of the terminal
operator, who removes the taxable gallons.
B. The supplier, and each reseller, shall list the amount of
tax as a separate line item on all invoices or billings.
C. All tax to be paid by a supplier with respect to gallons
removed on the account of the supplier during a calendar month shall
be due and payable on or before the twentieth day of the following
Oklahoma Statutes - Title 68. Revenue and Taxation
month unless such day falls upon a weekend or state or banking
holiday in which case the liability would be due the next succeeding
business day.
D. A supplier shall remit any late taxes remitted to the
supplier by an eligible purchaser and shall timely notify the
Commission of any late remittances if that supplier has previously
given notice to the Commission of an uncollectible tax amount
pursuant to subsection B of Section 500.24 of this title. For the
purposes of reporting a payment received on previously claimed
uncollectible taxes, any payments made to a supplier on a debt or
account shall be applied first proportionally to the gallons sold
and the tax thereon, and secondly to interest, service charges, and
any other charges.
Added by Laws 1996, c. 345, § 20, eff. Oct. 1, 1996. Amended by
Laws 2003, c. 472, § 9; Laws 2019, c. 169, § 2, eff. Nov. 1, 2019.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 68-500.20
What does Oklahoma Statutes § 68-500.20 cover?
Section 68-500.20 ("Precollection and remittance of tax by suppliers") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 68-500.20?
A common citation format is "Oklahoma Statutes § 68-500.20" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 68-500.20 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.