Taxes and Incentives

American Indian Lands Tax Credit

Because of the state’s unique Native American heritage, two-thirds of Oklahoma locations qualify for special federal tax treatment. Businesses locating or expanding in these areas can claim accelerated federal depreciation on their buildings, resulting in tax savings of up to 40%. Additionally, businesses in qualifying areas that hire Native Americans or their spouses living in the area can claim federal tax credits of up to $4,000 per qualifying employee. 

Disclaimer: Expires Dec 31, 2020, and must be renewed for investments that occur past Jan 1, 2021 

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