{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2206","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2206","heading":"Railroads renting or leasing cars from taxpayers to","body":"withhold amount of tax - Statements by such railroads - Payment -\n\nLiability of taxpayers.\n\nEvery railroad company using, renting or leasing the freight\n\ncars of any freight line company, equipment company, or mercantile\n\ncompany shall, upon making payment to such company for the use,\n\nrental, or lease of such cars, withhold from such payment four\n\npercent (4%) of the amount constituting the gross revenue in this\n\nstate from such source of each and every freight car so used, rented\n\nor leased.\n\nOn or before April 1 of each year, such railroad company shall\n\nprepare and file with the Tax Commission a statement under oath\n\nshowing the amount of such payment for the next preceding twelve-\n\nmonth period ending December 31, and of the amount so withheld by\n\nit; provided:\n\n1. For the period from July 1, 1993, through June 30, 1994,\n\nsuch statement shall be due on or before October 1, 1994; and\n\n2. For the period from July 1, 1994, through December 31, 1994,\n\nsuch statement shall be due on or before April 1, 1995.\n\nThe statement shall be on forms prescribed and furnished by the\n\nTax Commission, and shall contain such information as the Tax\n\nCommission may deem necessary.\n\nSuch statements shall be accompanied by remittance in full of\n\nall taxes withheld by the railroad company from freight line\n\ncompanies, equipment companies and mercantile companies during the\n\nnext preceding twelve-month period ending December 31 or the period\n\nspecified in paragraphs 1 and 2 of this section. Each railroad\n\ncompany shall be liable for the withholding and payment on or before\n\nApril 1 of each year, of four percent (4%) of the gross revenue of\n\neach freight line company, equipment company and mercantile company,\n\nto the extent that such gross earnings were derived from payments or\n\namounts due from such railroad company.\n\nEach freight line company, equipment company and mercantile\n\ncompany shall be liable for the payment of four percent (4%) of all\n\ngross revenue in this state over and above payments and amounts due\n\nfrom railroads, and shall be liable for the payment of any\n\nadditional taxes which the Commission may find due under its\n\nauthority to raise or lower the rate to conform to the taxes which\n\nwould be payable if the cars were taxed on an ad valorem basis.","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":"49e61a2b7666808b54cafea4f56e4bb20a79450548bbf6eb54f1840a266d75cf","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-2205","next":"us-ok/okla.-stat.-tit.-68-68-2207"},"notice":"GroundRules: Original legal text. Not legal advice."}