Oklahoma Administrative Code
Title 710 - Oklahoma Tax Commission
Chapter 1 - Administrative Operations
Subchapter 5 - Practice and Procedure
Part 10 - BUSINESS COMPLIANCE PROCEEDINGS
Section 710:1-5-112 - Commencement of twenty-four (24) month period and examples
Universal Citation: OK Admin Code 710:1-5-112
Current through Vol. 42, No. 1, September 16, 2024
(a) Commencement of twenty-four (24) month period. A taxpayer's initial tax delinquency begins commencement of the twenty-four (24) month period for purposes of the business compliance proceedings.
(b) Examples. The following examples illustrate the application of the twenty-four (24) month period.
(1) A taxpayer
is delinquent for July and August of 2017, but does not incur another
delinquency until September 2019; no pending business closure notice will be
issued. Taxpayer's September 2019, delinquency begins commencement of a new
twenty-four (24) month period.
(2)
A taxpayer is delinquent for July and August of 2017 and pays the tax,
interest, penalty and fees due before incurring an additional delinquency in
January 2018. A pending business closure notice will not be issued. The January
2018 delinquency begins a new twenty-four (24) month period.
Added at 30 Ok Reg 103, eff 11-1-12 (emergency); Added at 30 Ok Reg 1853, eff 7-11-13
Disclaimer: These regulations may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
