Like the 3,200 other pages of evidence uncovered and descriptions of crimes on this site, this web page is only one part of a massive multi-state entanglement of government corruption and cover-up. See size
Evidence was uncovered in parts over years, and not in the same order as the crimes occurred or the evidence was created. Statements were made based on what was known at the time.
Dates are approximate because government filings and reports vary in some cases up to months if not This is part of cover up. One example is Oklahoma's Openbooks, which started out late with only a fraction of what was required to be added each year. Plus, the data was littered with data entry and spelling errors, meaning you have to go through one entry at a time. This amount to more than 17,000 entries in 2017.
Date | Subject | Link |
9/25/2011 | Insurance Premium Tax Credits. Police and firefighters' retirement fund scammed. State Insurance Dept Spreadsheet CY 2006-2008 | View |
9/25/2011 | Insurance Premium Tax Credits $430 million | View |
9/25/2011 | Insurance companies receive hundreds of millions of dollars in Oklahoma tax credits! | View |
Re: State Insurance Department spreadsheet covering part of the period discussed in the above article shows 3,800 Insurance Premium Tax Credits used by 1,100 Insurance companies during 2006, 2007 and 2008 totaling $451 million, and carried forward $52 million. That's a total of at least $503 million. | View |
News Articles Insurance Premium Tax Credits
Newsok.com show $430 million Insurance Premium Tax Credits during period 2004 - 2011 View
Local copy View
Below is a summary of the spreadsheet, and this is an exception to the seven tax credit types discussed elsewhere.
Insurance companies pay Insurance Premium Taxes instead of state income taxes | |||
Example Oklahoma Premium Tax Rates for Property/Casualty Lines of Coverage | |||
State | General Tax Rate | Foreign | Domestic |
Oklahoma | 2.25% | 2.30% | 2.24% |
Re: Insurance Premium Tax Credits |
Beginning amount | $467,605,073 |
Amount used | $451,065,384 |
Carry forward | $51,651,352 |
Carry over | $9,614,834 |