The definitions of words, terms and phrases contained in the Oklahoma use tax code, 68 Oklahoma Statutes 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:
STREAMLINED SALES AND USE TAX SYSTEM: An act relating to sales and use taxes and taxing authority of municipalities, the streamlined sales and use tax system, enacted and effective November 1, 2003, implemented by SB 708, allowed Oklahoma to comply with provisions of the agreement. The state of Oklahoma complied with this agreement to simplify and modernize sales and use tax administration in order to substantially reduce the burden of tax compliance for all sellers and for all types of commerce. Among amendments is the change of point of sale to point of delivery. The ZIP+4 area to which goods are delivered determines the municipality that will collect the sales or use tax. The city of Lone Grove makes every effort to administer collection in accordance with state and federal laws.
TAX COLLECTOR: The department of the city government or the official agency of the state, duly designated according to law or contract authorized by law, to administer the collection of the tax herein levied.
TRANSACTION: Sale. (1990 Code § 7-402; amd. 2006 Code)