us-ok/stat
Okla. Stat. tit. 68, § 404
Transactions subject to taxation - Revenue purpose - Disposition of revenue
Official textoscn.netlast amended
The sale, barter or exchange of tobacco products or possession of tobacco products for consumption, is hereby declared to be subject to taxation authorized by Section 12 of Article X of the Oklahoma Constitution, and it is the purpose and intention of this article to provide revenue for the expense of the state government.
The revenue, including interest and penalties, collected under this article shall be paid monthly by the Tax Commission to the State Treasurer to be placed in the General Revenue Fund, to be paid out pursuant to direct appropriation by the Legislature.
Amendment history
Amended by Laws 1987, c. 5, § 141, operative March 31, 1987.
Source: view the official text
Nearby sections (25 sections)
- 400.3 · Retailer or consumer backup tax – Vendor liability
- 400.4 · Remittance of backup tax – Filing of monthly report and…
- 400.5 · Retailer purchases from licensed wholesaler required
- 400.6 · Tobacco Products Tax Enforcement Unit Revolving Fund
- 401 · Definitions
- 402 · Amount of tax
- 402-1 · Additional tax on tobacco products - Rates - Apportionment of…
- 402-2 · Repealed by Laws 2018, 2nd Ex. Sess., c. 8, § 16
- 402-3 · Tobacco products tax in addition to tax levied in Sections 402…
- 403 · Payment of tax by wholesalers
- 403.1 · Procedures for collection of certain payments in lieu of excise…
- 403.2 · Unlawful products – Prima facie evidence of violation
- 404 · Transactions subject to taxation - Revenue purpose - Disposition…
- 405 · Repealed by Laws 1994, c. 278, § 38, eff. Sept. 1, 1994
- 406 · Repealed by Laws 2021, c. 385, § 25, eff. July 1, 2021
- 407 · Regulations - Punishment for prohibited practices or hindering…
- 408 · Repealed by Laws 2021, c. 385, § 25, eff. July 1, 2021
- 409 · Repealed by Laws 2021, c. 385, § 25, eff. July 1, 2021
- 410 · Administration and enforcement of Article
- 411 · Repealed by Laws 2021, c. 385, § 25, eff. July 1, 2021
- 412 · Untaxed merchandise - Surety or bond - Tax
- 413 · Right to carry untaxed products – Sale of products by carrier -…
- 414 · Trucks and vehicles from which products are sold, exchanged or…
- 415 · Wholesale and retail licenses required – Application - Penalties
- 417 · Seizure of products and vehicles for violations