us-ok/stat
Okla. Stat. tit. 68, § 2357.74D
Rules regarding determination letter procedures
A. The Oklahoma Tax Commission shall promulgate rules establishing procedures under which:
# 1.
A qualified rural small business capital company may, prior to making an investment in an Oklahoma rural small business venture, request a determination letter from the Tax Commission that a business in which it proposes to invest is an "Oklahoma rural small business venture";
# 2.
A person or entity may request a determination letter that a company meets the definition of a "qualified rural small business capital company"; and
# 3.
A person or entity may request a determination letter that a transfer of funds meets the definition of a "qualified investment".
Amendment history
Added by Laws 2006, c. 281, § 24, emerg. eff. June 7, 2006.
Source: view the official text
Nearby sections (25 sections)
- 2357.65 · Annual report to the Legislature
- 2357.65A · Federally regulated investment company exemption
- 2357.66 · Repealed by Laws 2013, c. 363, § 13, eff. Jan. 1, 2014
- 2357.67 · Repealed by Laws 2013, c. 363, § 14, eff. Jan. 1, 2014
- 2357.71 · Short title
- 2357.72 · Definitions
- 2357.72a · Moratorium on certain tax credits
- 2357.73 · Credits for investments in qualified rural small business…
- 2357.74 · Credit for investment made in rural small business ventures…
- 2357.74A · Requirements for funds invested in rural small business…
- 2357.74B · Recapture event - Tax increase due to recaptured credit…
- 2357.74C · Required records to be prepared and maintained
- 2357.74D · Rules regarding determination letter procedures
- 2357.74E · Effect of favorable determination letters issued prior to…
- 2357.75 · Reporting to Oklahoma Tax Commission
- 2357.76 · Annual reporting to legislature
- 2357.76A · Federally regulated investment company exemption
- 2357.81 · Repealed by Laws 2013, c. 363, § 15, eff. Jan. 1, 2014
- 2357.100 · Credit for purchase and transportation of poultry litter –…
- 2357.101 · Credit for investment in film or music project
- 2357.102 · Repealed by Laws 2013, c. 363, § 16, eff. Jan. 1, 2014
- 2357.103 · Short title
- 2357.104 · Tax credit for railroad reconstruction or replacement…
- 2357.105 · Credit for qualified economic development expenditures
- 2357.201 · Definitions - Amount of credit