Oklahoma New jobs claimed v actual employment
Oklahoma actual jobs v minimum and maximum jobs claimed to have been created to justify one of Oklahoma's 63 different undocumented tax credit types, Oklahoma Investment/New Jobs Tax Credits 68 § 2357.4.
Oklahoma Investment/New Jobs Credit 68 § 2357.4 allows tax credits equal to 1% of the amount invested or $500 per new employee for investments less than $40 million, or 2% of the amount invested or $1,000 per new employee for investments of more than $40 million.
- This is one of Oklahoma's oldest tax credits and is no information other than the amount of tax credits taken cost to the public.
- The smallest in terms percent of investment allowed for tax credits, yet the largest total tax credits reported to have been allowed.
- We have other tax credits 68 § 2357.62 and 68 § 2357.73 reported as 68 § 2357.4 tax credits.