Okla. Adopts Rules On GILTI, Repatriated Income, Tax Credits

By Abraham Gross · August 2, 2019, 1:26 PM EDT

The Oklahoma Tax Commission has adopted rulemaking that implements legislation capping itemized deductions and credits, altering the allocation of nonresident royalty withholding, revoking tax credits and clarifying the treatment of repatriated foreign income...

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