INCENTIVE DESCRIPTION

State:	OK
Incentive Type:	Sales and Use Tax Incentives
Incentive Title:	Other Tax Incentives
Description:	SALES/INCOME TAX CREDITS FOR TOURISM ATTRACTION PROJECTS Oklahoma offers a credit against either income tax or sales tax liability for an approved company as a result of expenditures for projects that result in more tourists to Oklahoma. The credit is calculated based on the increment of increased sales tax liability as compared to the same month the year before. The company and the Director of the Department of Tourism must enter into an inducement agreement with a 10-year term before any credits may be earned. This is an alternative to the 15% rebate available in the Oklahoma Film Act.
Eligibility Requirements:
Geographic Restrictions:	Statewide
Granting Authority:	State of Oklahoma

The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.