{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-1204","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-1204","heading":"Tax on foreign corporations and business organizations","body":"For tax year 2023 and previous tax years, there is hereby levied\n\nand assessed upon every corporation, association, joint-stock\n\ncompany and business trust, organized and existing by virtue of the\n\nlaws of some other state, territory or country, now or hereafter\n\ndoing business in this state, as hereinbefore defined, a franchise\n\nor excise tax equal to One Dollar and twenty-five cents ($1.25) for\n\neach One Thousand Dollars ($1,000.00) or fraction thereof of the\n\namount of capital used, invested or employed within this state; it\n\nbeing the purpose of this section to require the payment of a tax by\n\nall organizations not organized under the laws of this state,\n\nmeasured by the amount of capital, or its equivalent, used, invested\n\nor employed in this state for which such organization receives the\n\nbenefit and protection of the government and laws of the state.","path":["OK Code","Title 68"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os68.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"394c2f56a3378357d03c703e1f0d75959a1d008eccfca806e30d4bad28c86393","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-1203","next":"us-ok/okla.-stat.-tit.-68-68-1205"},"notice":"GroundRules: Original legal text. Not legal advice."}