All farm equipment which is located in the state of Oklahoma, shall be listed and assessed as other personal property in the county which the equipment is located as of January 1 st of each year .
Livestock is no longer taxable in Oklahoma County.
When listing your farm equipment with the County Assessor between January 1 st - March 15 th of each year , the County Assessor will fill out a farm exemption permit form provided by the Oklahoma Tax Commission. Livestock, although not taxable in Oklahoma County must be listed along with equipment. This information will be transferred in triplicate onto the Tax Commission exemption permit form, one copy is retained, one is sent to the Oklahoma Tax Commission and one is sent to the taxpayer for their records. The benefit to filling for this permit is not having to pay sales tax on farm supplies, equipment and fuel which is purchased for use on the farm. If the land is being actively farmed, there is no restriction on the number of acres that you are farming.