New Oklahoma exemption, November 2016
- Oct 31, 2016 | Gail Cole
Beginning November 1, 2016, Oklahoma provides an exemption from sales and use tax for certain materials used to manufacture commercial printed material.
The exemption applies to “paper stock and other raw materials which are manufactured into commercial printed material in this state primarily for use and delivery outside this state.” The term “commercial printed material” includes catalogs, direct mail, magazines, and retail inserts.
This new policy is the result of the enactment of Oklahoma Senate Bill 1282, which had widespread, bipartisan support.
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