Oklahoma HB2447 provides a 25% income tax credit for costs of qualified broadband telecommunications infrastructure.
Oklahoma HB2447 introduces a 25% income tax credit for costs related to qualified broadband telecommunications infrastructure, effective for taxable years beginning after December 31, 2025. The credit cannot reduce the taxpayer's liability to less than zero and unused credits may be carried over to the next five tax years. The act will become effective January 1, 2026.
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