Small Business Administration (SBA) Guarantee Fee Tax Credit (Oklahoma)

This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search


Last modified on February 12, 2015.

EZFeed Policy

Place Oklahoma


   
Applies to States or Provinces Oklahoma
Name Small Business Administration (SBA) Guarantee Fee Tax Credit (Oklahoma)
Policy Category Other Policy
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy
Active Policy Yes

Implementing Sector State/Province



























Program Administrator Small Business Administration - Oklahoma District Office
Primary Website http://www.sba.gov/sites/default/files/files/resourceguide_3139.pdf



Last Review 2014-08-13
Last Substantive Modification
to Summary
2014-08-13

Information Source http://okcommerce.gov/new-and-existing-business/tools-and-assistance-for-existing-businesses/financing-resources/sba/

http://www.tax.ok.gov/it2010/529-10.pdf http://www.tax.ok.gov/it2010/529-10.pdf


Summary

The Small Business Administration (SBA) Guarantee Fee Tax Credit allows for small businesses operating in Oklahoma to claim a credit against income tax liability. This credit may be claimed for tax year 2012 and subsequent tax years, for guaranty fees paid on or after July 1, 2012. The credit shall be for the amount of fee paid to obtain financing from the SBA. The credit may be carried forward five years.



Policy Contact

Contact Name Dorothy Overal
Department Small Business Administration
Division Oklahoma District Office




Phone (405) 609-8000




     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: Oklahoma Statute Title 68 Section 2370.1
Date Effective 2010



















References