CITIES RECEIVE $204.8 MILLION
COUNTY RETURNS TOTAL $33.6 MILLION
The October 8, 2024, distribution of sales tax collections by the Oklahoma Tax Commission primarily represents local tax receipts from August business. Companies that remit more than $2,500 monthly in sales tax receipts are required to file and pay electronically. The monies they reported this period represent sales from August 16th to 31st and estimated sales from September 1st to the 15th.
It also includes the statutory sales tax holiday reimbursements to cities and counties. The disbursement of $204,834,030 in sales tax collections returned to the cities and towns reflected a decrease of $2,526,092 from the $207,360,122 distributed to them in October last year. The use tax disbursement to cities and towns was $35,006,923.
In county returns, the counties shared in a $33,626,890 sales tax disbursement and a $6,574,060 use tax disbursements.
The following list includes new sales and use tax rates for cities, towns and counties and their effective dates:
NEW RATES EFFECTIVE DATES |
|
October, 2024 (45-08) Broken Bow 4% Sales & Use (55-07) Edmond 6% Lodging (24-17) Hunter 4% Sales & Use (51-18) Warner 5% Sales & Use |
November, 2024 No change |
December, 2024 No change |
January, 2025 (2714) Pond Creek 2% Sales & Use (4203) Coyle 3% Use (4788) Major Co. 1.406% Sales & Use (7601) Alva 8% Lodging |
