Oklahoma Administrative Code › Title 710 - Oklahoma Tax Commission › Chapter 65 - Sales and Use Tax › Subchapter 3 - Reports and Returns; Payments and Penalties; Records › Part 1 - GENERAL PROVISIONS › Section 710:65-3-1 - Reports, payments, and penalties

Current through Vol. 41, No. 20, July 1, 2024
(a)
Monthly reporting.
Every vendor, except as noted in (b), (c) and
				  (d) of this Section, shall file with the Commission on or before the 20th day
				  of each month, a report on forms to be obtained from the Commission, covering
				  sales for the previous calendar month.
(b)
Semiannual reporting.
Any
				  vendor who is classified as a Group Three vendor or whose total tax liability
				  for any one (1) month does not exceed Fifty Dollars ($50.00) must notify the
				  Commission of its intent to file a semiannual return and remittance in lieu of
				  a monthly return and remittance, provided the vendor qualifies.
(1)
Qualification.
To qualify,
				  the vendor must substantiate that the vendor is in business making sales
				  incidental to that business, or is seasonal or transient, or makes sales
				  through peddlers, solicitors or other salesmen without an established place of
				  business. Otherwise, to qualify, filing records will have to substantiate the
				  fact that the vendor's sales tax liability, for the past six (6) consecutive
				  months immediately preceding the date of the application, has not exceeded
				  Fifty Dollars ($50.00) in any one month. Requests to file semiannually should
				  be directed to the Registration Section of the Business Tax Services Division,
				  Oklahoma Tax Commission, P.O. Box 269057, Oklahoma City, Oklahoma 73194 or by
				  FAX at (405) 521-3826.
(2)
Commencement of semiannual reporting.
It should be clearly
				  understood that semiannual filing should not be commenced until the Commission
				  notifies taxpayer, in writing, that Commission records have been amended to
				  reflect semiannual filing status. Failure to follow this procedure may result
				  in taxpayer receiving assessments, adjustments, etc. for the months of February
				  through June and August through December.
(3)
Semiannual reporting due
				  dates.
When the application for semiannual filing has been approved,
				  returns shall be filed on or before the 20th day of January and July of each
				  year for the preceding six (6) months' period.
(4)
Revocation of authorization.
(A) Conditions that could cause revocation of
				  the authorization to report semiannually are:
(i) In the event that the vendor filing the
				  return on a semiannual basis becomes delinquent in either the filing of the
				  return or the payment of the taxes due thereon, or
(ii) In the event that the liability of a
				  vendor, who has been authorized to file returns and to make payments on a
				  semiannual basis, exceeds Fifty Dollars ($50.00) in sales tax for any one
				  month, or
(iii) In the event that
				  the Commission determines that any semiannual filing or return or any payment
				  of tax due thereon would unduly jeopardize the proper administration of the
				  Oklahoma Sales Tax Law.
(B) If the Commission decides it is necessary
				  to revoke the authorization to file semiannually in relation to any of the
				  conditions in (A) of this paragraph, the taxpayer will be required to file
				  returns and to pay the tax due on a monthly basis.