Sales/Use:
Oklahoma: New Law Exempts Some Intercompany Transfers of Tangible Personal Property
H.B. 1060, signed by gov. 5/3/21. Effective November 1, 2021, new law exempts from Oklahoma sales and use tax the transfer of tangible personal property between wholly owned subsidiaries of a parent company, as well as between a parent company and its wholly owned subsidiary. Please contact us with any questions.
30 Rockefeller Plaza New York, NY 10112-0015 United States
About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
