There is hereby levied an excise tax of 3% of the gross rental receipts derived from all sales taxable under the Oklahoma Sales Tax Code upon the service of furnishing rooms by hotels or motels within the town, except that the tax shall not be assessed where the rent is less than $5 per day. This excise tax shall be in addition to any existing sales taxes imposed by the town or the state.
(Ord. 342, passed 8-9-2012)
Statutory reference:
Related provisions, see 68 O.S. Art. 13, Sales Tax Code (§§ 1301 through 1354.6); 68 O.S. § 1350, Citation (“This article shall be known as and may be cited as the V ‘Oklahoma Sales Tax Code”)