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The Tax Commission: State Spending Starts Here

Background

Soukup / Flickr

The Oklahoma Tax Commission oversees and enforces the collection of state taxes.

The agency is lead by three governor-appointed commissioners, currently:

  • Thomas Kemp, chairman
  • Jerry Johnson, vice-chairman
  • Dawn Cash, secretary-member

The Tax Commission also analyzes tax information for lawmakers, prepares public reports and serves as the primary source of information on state tax collections.

Most Oklahomans’ interaction with the OTC only comes once per year when state income tax returns are filed, but the agency oversees all state taxes, from those levied on businesses to cigarette and gross production taxes on oil and natural gas.

Click here to read the Tax Commission's most recent annual report.

Latest Posts

Oklahoma Gets More Spending Money, But an Energy Industry Allowance Doubles

Workers with Diamond Well Service drill a 3,100-foot deep oil well.

Income tax and sales tax collections are up, and lawmakers will have about $43 million more to appropriate this year. That’s good news for an upcoming fiscal year with an estimated $100 million hole. But energy industry estimates were too generous. Natural gas prices are down, and anticipated revenues from gross production taxes have been [...]

House Democrats Say Tax Reform Plan Will Raise Taxes for Most Okies

inmanTN

Among dozens of tax credits to be eliminated under a plan proposed by a legislative tax force is a child care income tax credit claimed largely by the “working poor,” the president of the Oklahoma Child Care Association told The Oklahoman. Many parents sign over their income tax checks to pay for their child care [...]

Most Oklahoma Tax Filers Don’t Pay ‘Unenforceable’ Use Tax

use-tax-emptyTN

Joe Wertz / NPR StateImpact When Oklahomans shop, they’re supposed to pay taxes. It’s easy in person: Brick-and-mortar retailers collect sales taxes on each purchase. But when Oklahomans order from catalogs and television networks, or click-and-buy online — they owe “use taxes.” Consumer use taxes in Oklahoma are self-levied. It’s an honor system. Norm Bekoff [...]

State Tax Revenues Up 13 Percent, Oklahoma Still Not Recovered

Gross revenue collections for November were 13.2 percent higher than last year and have grown for 21 months straight, State Treasurer Ken Miller said Thursday. Gross collections reflect all revenues collected by the Oklahoma Tax Commission. Some of the money is earmarked for specific funds, while some collections go to cities and counties. The remainder [...]

In the Transferable Tax Credit Market, Transparency is Not Part of the Trade

State Rep. David Dank (R-Oklahoma City) presides over a meeting of the Task Force for the Study of State Tax Credits and Economic Incentives.

A legislative task force’s final report could make it harder for some Oklahoma companies to avoid paying their full tax bill, a legal dodge that has cost the state millions in tax revenue. State Rep. David Dank, R-Oklahoma City, has been trying to shed light on transferable tax credits for months. His beef is that [...]

Why Oklahoma Hates State Property Taxes

murray

There’s been a lot of talk lately about rejiggering Oklahoma’s tax code. Task forces at the state Capitol are hoping to trim some fat by way of an array of state-subsidized credits, rebates, breaks and economic incentives that reduce the tax base. Meanwhile, Gov. Mary Fallin and other lawmakers are pushing to reduce or eliminate [...]

Oklahoman: $61.7M in Quality Jobs Payments in FY2011

The state issued about $61.7 million in Quality Jobs payments in FY2011, according to Oklahoma Tax Commission records compiled by Paul Monies, The Oklahoman‘s database guru. Monies also pulled the company totals from FY2007-FY2010 and put together a chart of the Quality Jobs recipients. “Some companies have renewed and used the rebates under a different [...]

Are Sales Tax Holidays Big Gimmicks?

The celebration started today at 12:01 a.m., like it does on the first Friday each August. Shoppers have until midnight the following Sunday to buy clothes and shoes (under $100 per article) tax-free. Oklahoma retailers have been required by law to participate in the annual Tax Holiday since 2008. But the sales tax-free weekend is [...]

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