Waiver of Manufacturing Facility Property Tax Exemption Requirements
Effective as of June 1, 2009, if a manufacturing facility fails to meet the usual payroll requirements for the available property tax exemption, those payroll requirements are waived for claims for exemptions, including claims previously denied or on appeal as of June 1, 2009, for all initial applications for exemption filed on or after January 1, 2004, and on or before March, 31, 2009, and for all subsequent annual exemption applications filed related to the initial application for exemption.
Certain requirements apply; contact the Ad Valorem Division of the Oklahoma Tax Commission for details.
Source:CCH State Tax Review (June 18, 2009)
Oklahoma Association of Tax Representative webmaster: oatr@oatr.org
