Small Business Administration (SBA) Guarantee Fee Tax Credit (Oklahoma)
Last modified on February 12, 2015.
|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|
|Program Administrator||Small Business Administration - Oklahoma District Office|
| Last Substantive Modification
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.
|Contact Name||Dorothy Overal|
|Department||Small Business Administration|
|Division||Oklahoma District Office|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||Oklahoma Statute Title 68 Section 2370.1|