Oklahoma Administrative Code
Title 710 - Oklahoma Tax Commission
Chapter 65 - Sales and Use Tax
Subchapter 5 - Audit and Assessment
Section 710:65-5-1 - Sales/use tax audits and auditors
Current through Vol. 42, No. 1, September 16, 2024
(a) General investigative authority. Any representative of the Commission holding a certificate of authority may make an examination or investigation of the place of business, tangible personal property, equipment and facilities, and the books, records, papers, vouchers, accounts and documents of any taxpayer.
(b) Financial institution limitation. However, financial institutions are not required to release or permit the Commission to have access to customer financial information which reflects financial institutions' sales tax information without first reviewing and deleting any and all information which may divulge the identity of a particular customer and the customer's financial records. [See: 68 O.S. §§ 201 et seq.]
(c) Duty to make records/information available. It shall be the duty of every taxpayer and every director, officer, or employee of every taxpayer to exhibit to the Commission, or to the employees or agents of such Commission, the items mentioned in (a) of this Section. [See: 68 O.S. § 206 ]