Okla. Admin. Code § 710:50-19-4
Current through Vol. 42, No. 6, December 2, 2024
Pursuant to the Pass-Through Entity Tax Equity Act of 2019 (68 O.S. $ 2355.lP-1 et seq.), a partnership may elect to pay income tax at the entity level, effective for tax year 2019 and subsequent tax years. The Oklahoma income, gains, losses or deductions of a partnership that is an electing pass-through entity shall not be used to calculate the Oklahoma taxable income of the partners, members or shareholders. [See: 710:50:3-49]
Okla. Admin. Code § 710:50-19-4