CHAPTER 5
USE TAX
USE TAX
SECTION:
7-501: Citation And Codification
7-502: Definitions
7-503: Excise Tax On Storage, Use Or Other Consumption Of Tangible, Personal Property Levied
7-504: Purpose Of Revenues
7-505: Exemptions
7-506: Time When Due; Returns; Payment
7-507: Tax Constitutes Debt
7-508: Collection Of Tax By Retailer Or Vendor
7-509: Collection Of Tax By Retailer Or Vendor Not Maintaining Place Of Business Within State Or Both Within And Without State; Permits
7-510: Revoking Permits
7-511: Remunerative Deductions Allowed Vendors Or Retailers Of Other States
7-512: Interest And Penalties; Delinquency
7-513: Waiver Of Interest And Penalties
7-514: Erroneous Payments; Claim For Refund
7-515: Fraudulent Returns
7-516: Records Confidential
7-517: Classification Of Taxpayers
7-518: Subsisting State Permits
7-519: Provisions Cumulative
The definitions of words, terms and phrases contained in the Oklahoma Use Tax Code, 68 Oklahoma Statutes, 1981, section 1401, are hereby adopted by reference and made a part of this chapter. In addition thereto, the following words and terms shall be defined as follows:
TAX COLLECTOR: The department of the Town or the official agency of the State, duly designated according to law or contract authorized by law, to administer the collection of the Use Tax herein levied.
TOWN: The Town of Beaver, Oklahoma.
TRANSACTION: Sale. (Ord. 97-03-001, 3-5-1997)
There is hereby levied and there shall be paid by every person storing, using, or otherwise consuming within the Town of Beaver, Oklahoma, tangible personal property purchased or brought into this Town, an Excise Tax on the storage, use, or other consumption in this Town of such property at the rate of three percent (3%) of the purchase price of such property. Such tax shall be paid by every person storing, using or otherwise consuming, within the Town, tangible, personal property purchased or brought into the Town. The additional tax levied hereunder shall be paid at the time of importation or storage of the property within the Town and shall be assessed to only property purchased outside Oklahoma; provided, that the tax levied herein shall not be levied against personal property intended solely for use outside the Town, but which is stored in the Town pending shipment outside the Town or which is temporarily retained in the Town for the purpose of fabrication, repair, testing, alteration, maintenance or other service. Any person liable for payment of the Use Tax authorized herein, may deduct from such tax any local or Municipal Sales Tax previously paid on such goods or services; provided, that the amount deducted shall not exceed the amount that would have been due if the taxes imposed by the Town had been levied on the sale of such goods or services. (Ord. 2015-12-1, 12-10-2015)
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