List Of Oklahoma Tax Breaks
The Associated Press
A list of some of the state tax exemptions, credits and deductions approved by lawmakers and the Oklahoma Tax Commission's estimate of their cost: —Livestock purchased outside Oklahoma and brought into the state for feeding or breeding purposes, and which is later resold, $48 million. —Sales to manufacturers, $1.6 billion. —Income tax credit for low-income elderly or disabled Oklahomans, $37.8 million. —Agricultural sales, $63.9 million. —Sales Tax Holiday, $6.4 million. —Sales of drugs for the treatment of human beings, medical appliances, devices or equipment including prosthetic devices, $14.8 million. —Exemption for specified private retirement benefits, $17.6 million. —Sales of aircraft engine repairs, modification and replacement parts, $2.2 million. —Sales of drugs, except for over-the-counter drugs, prescribed for the treatment of human beings by a person licensed to prescribe the drugs and sales of insulin and medical oxygen, $60.9 million.- Loading Comments...
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