Okla. Admin. Code § 710:65-13-78

Current through Vol. 42, No. 3, October 15, 2024

Section 710:65-13-78 - Exemption for certain estate sales

The gross proceeds of sales made at estate sales are exempt from sales tax providing that:

(1) The sale is not held for more than three days;

(2) The sale is conducted within six (6) months of the date of death of the decedent;

(3) The property to be sold was part of the decedent's estate; and,

(4) The sale is conducted on the premises of the former residence of the decedent by a person that is not required to be licensed pursuant to 19 O.S. Section 1601, the Transient Merchant Licensing Act, or who is not otherwise required to hold a sales tax permit.

Okla. Admin. Code § 710:65-13-78

Added at 20 Ok Reg 2175, eff 6-26-03