Oklahoma § 74-2106 - Tax exemptions
Full text of Oklahoma Oklahoma Statutes § 74-2106 — Tax exemptions, with citation guidance and answers to common questions.
§ 74-2106. Tax exemptions
A. An export trading company, with a registered office or other
office in this state, shall be exempt from state corporate income
tax and franchise tax for a period of two (2) years from the date
the Commission certifies the export trading company as a qualified
export trading company. A copy of such certificate shall be filed
with the Oklahoma Tax Commission which shall verify compliance with
this act prior to allowing the tax exemption provided for herein.
For purposes of the Export Trading Company Act, an export trading
company shall be deemed to have an office in Oklahoma if it performs
export trade services in this state.
B. Export trading companies shall not qualify for the tax
exemptions of this section for sales made within the United States.
C. A subsidiary or affiliate of a qualified export trading
company shall not be entitled to the tax exemptions provided for in
this section unless such subsidiary or affiliate is certified as a
qualified export trading company pursuant to Section 2107 of this
title.
Added by Laws 1987, c. 214, § 6, eff. Nov. 1, 1987. Amended by Laws
1992, c. 313, § 4, emerg. eff. May 27, 1992.
Frequently Asked Questions About Oklahoma § 74-2106
What does Oklahoma Statutes § 74-2106 cover?
Section 74-2106 ("Tax exemptions") 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 § 74-2106?
A common citation format is "Oklahoma Statutes § 74-2106" (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 § 74-2106 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.