{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-1205","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-1205","heading":"Minimum and maximum taxes","body":"A. In determining the amount of tax to be levied, assessed and\n\ncollected under the terms of this Article, the maximum amount shall\n\nnot exceed Twenty Thousand Dollars ($20,000.00).\n\nB. If, as a result of the computation of tax required by\n\nSection 1209 of this title, the resulting liability is Two Hundred\n\nFifty Dollars ($250.00) or less, the corporation or other entity\n\nshall be exempt from the tax levied by Section 1203 or Section 1204\n\nof this title for such reporting period.","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":"bbf63e766e992f50c20bbab7bc0a2a5995f6a143ef2643b9e605f1d6e5c99243","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-1204","next":"us-ok/okla.-stat.-tit.-68-68-1206"},"notice":"GroundRules: Original legal text. Not legal advice."}