{"data":{"id":"us-ok/okla.-stat.-tit.-68-68-2381","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 68, § 68-2381","heading":"Applicability of act to taxable years","body":"The provisions of this act shall apply to all taxpayers whose\n\ntaxable year begins on and after January 1, 1971; provided, however,\n\nthat in respect to any taxpayer whose taxable year begins in 1970\n\nand ends in 1971, such taxpayer may, at his option, determine his\n\ntax under this act or compute his tax liability for such fiscal year\n\nending in 1971, by using the sum of the computations of 1, and 2, as\n\nfollows:\n\n1. The tax computed under the provisions of the law applicable\n\nto the calendar year 1970, multiplied by the ratio of the number of\n\nmonths of the year in 1970, to the total number of months of the\n\ntaxable year.\n\n2. The tax computed under the provisions of this law applicable\n\nto the calendar year 1971, multiplied by the ratio of the number of\n\nmonths of the year in 1971, to the total number of months of the\n\ntaxable year.","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":"2138bf5f9fff10e0b8db783d02aa3096f484667ffd9ea14d51a30cc5cc06ff54","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-68-68-238.2","next":"us-ok/okla.-stat.-tit.-68-68-2382"},"notice":"GroundRules: Original legal text. Not legal advice."}