State and local tax rates are low in Oklahoma, making it an attractive choice for entrepreneurs and industrial leaders seeking a business friendly environment for expansion or relocation. Expenses are updated on an as needed basis.
Sales and Use Tax Rates
|State of Oklahoma||4.50%|
|City of McAlester||3.50%|
Property Assessment and Tax Rate
|Real Property Assessment||11%|
|Personal Property Assessment||13%|
|McAlester Tax Rate||$81.09 per $1,000 assessed value|
State Income Tax Rate
|Individual Income Tax||Top Rate||5.25%|
|Corporate Income Tax||Flat Rate||6%|
Franchise Tax Rate
|Registered Agents Fee||$100|
|Franchise Tax Rate||$1.25 per $1,000 of capital employed|
|Capital Threshold||$201,000 or more|
|Maximum Remittance Amount||$20,000|
Oklahoma 2017 Unemployment Insurance
|State Experience Factor||42%|
|Range of Rates||0.1% to 5.5%|
|Taxable Wage Base||$17,700.00|
|New Employer Tax Rate||1.5%|
|Maximum Weekly Benefit||$510.00|
|Maximum Benefit Amount||$11,100.00|
|Average Annual Wage||$44,276.00|
|Average Weekly Wage||$851.47|
Oklahoma Tax Commission. Rates and Codes for Sales, Use, and Lodging Tax. Updated January 2, 2015. Download PDF File.
Pittsburg County Assessor's Office & Pittsburg County Treasurer's Office.
Tax Foundation. The facts on Oklahoma's Tax Climate. Date Accessed: January 27, 2015.
Oklahoma Tax Commision. Franchise Tax Questions. Date Accessed: January 27, 2015. (http://www.tax.ok.gov/faq/faqbusfran.html).
Oklahoma Employment Security Commission. Taxable Wage Base and Rates. Accessed: January 27, 2015. (http://www.ok.gov/oesc_web/Services/Unemployment_Insurance/Taxable_Wage_Base_and_Rates.html)