Old tax makes new appearance on forms

Oklahomans will find a new line on their tax forms this year, but it doesn&#39;t represent a new tax.<br><br>The income tax forms have been changed to include the use tax. It&#39;s an often overlooked

Saturday, February 7th 2004, 12:00 am

By: News On 6


Oklahomans will find a new line on their tax forms this year, but it doesn't represent a new tax.

The income tax forms have been changed to include the use tax. It's an often overlooked tax that has existed since 1937.

The tax is on items bought out of state on which sales tax was not paid.

Oklahoma Tax Commission spokeswoman Paula Ross says many people mistake the tax as being a new Internet tax. But it also includes purchases made from catalogs and shopping networks.

Last year, the state collected 92-and-a-half (m) million dollars in use tax, mostly from businesses.

Adding the line was one of Governor Henry's measure to bring in more tax revenue.

Ross says she expects the added line to bring in 450-thousand dollars in revenue each year.

logo

Get The Daily Update!

Be among the first to get breaking news, weather, and general news updates from News on 6 delivered right to your inbox!

More Like This

February 7th, 2004

March 14th, 2024

December 4th, 2023

September 25th, 2023

Top Headlines

March 28th, 2024

March 28th, 2024

March 28th, 2024

March 28th, 2024