A. System Adopted; Rates: A bracket system is hereby adopted for the convenience of vendors in the city for collection of both the state and city sales tax. Such bracket system is designed and shall be interpreted so as not to be inconsistent with the purpose of the bracket system provided in 68 Oklahoma Statutes section 1362. The sales tax rate shall be as set forth in section 3-2-4 of this chapter. (1991 Code § 7-5; amd. 2011 Code)
B. Responsibility Of Vendor: The use of the bracket system does not relieve the vendor from the duty or liability to remit to the Oklahoma tax commission the prescribed amount of gross proceeds (less the discount allowed by law and ordinance) derived from all sales. (1991 Code § 7-5)