Okla. Admin. Code § 710:1-5-112

Current through Vol. 42, No. 1, September 16, 2024

Section 710:1-5-112 - Commencement of twenty-four (24) month period and examples

(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.

Okla. Admin. Code § 710:1-5-112

Added at 30 Ok Reg 103, eff 11-1-12 (emergency); Added at 30 Ok Reg 1853, eff 7-11-13

Amended by Oklahoma Register, Volume 35, Issue 24, September 4, 2018, eff. 9/14/2018