Did you know… Changes to Oklahoma’s Nexus Provision
By Tom WeissAugust 22, 2019
Oklahoma has enacted changes to existing economic nexus provisions as of November 1, 2019.
Following the new legislation, remote sellers with an aggregate sales of tangible personal property in excess of $100,000 during the preceding or current calendar year are required to collect and remit Oklahoma sales tax.
As an FYI, it appears that marketplace facilitators and referrers will remain at the current the threshold of $10,000 with the option to elect to collect and remit tax or comply with notice and reporting requirements.
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