The Oklahoma Production Tax Bond is required by the Taxpayer Assistance Division as a condition for assignment of a gross production tax purchaser reporting number and/or as a condition for approval to remit gross production taxes. The bond states that the bondholder should file with the Oklahoma Tax Commission, the reports, and details of transactions required by law, and by the rules and regulations, and pay any and all gross production taxes, and penalties and interest thereon, due the State of Oklahoma.
How much is an Oklahoma Gross Production Tax Bond?
According to the Oklahoma Tax Commission must post a bond in an amount equal to an estimated three months’ tax liability.
Where can I get an Oklahoma Gross Production Tax Bond?
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.