Oklahoma Administrative Code
Title 710 - Oklahoma Tax Commission
Chapter 1 - Administrative Operations
Subchapter 5 - Practice and Procedure
Part 8 - SETTLEMENT OF TAX LIABILITY
Section 710:1-5-84 - Application for a Settlement Agreement

(a) Application. The forms necessary to make application for a Settlement Agreement are available online at www.tax.ok.gov.

(b) When a Power of Attorney is required. Applications being tendered on behalf of a taxpayer by an attorney, CPA, or other person, must be accompanied by a properly acknowledged Power of Attorney Form, signed by the taxpayer, authorizing the person to act on behalf of the taxpayer.

(c) Additional information. The Income Tax Accounts Division may request additional financial or other information deemed necessary to supplement the Settlement Agreement Application.

(d) Presentation of the application. The Income Tax Accounts Division shall present a completed application to the Commission during a regularly scheduled meeting of the Commission.

(e) Notice of the determination of the application. The Income Tax Accounts Division shall notify the applicant in writing of the decision of the Commission and make any required adjustments to the applicant's account.

(f) Withdrawal of application. An application for a Settlement Agreement may be withdrawn by the taxpayer at any time prior to its acceptance.