When crude oil prices crashed between 2014 and 2016, many Oklahoma energy companies booked sizable losses that can be used to reduce or completely eliminate state income tax liability for up to 20 years.
| Author | staff@readfrontier.com | Reading Time |
< 1 min |
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Frontier reporter Brianna Bailey went on OETA last week to discuss her story on how Oklahoma’s oil bust has turned into a dramatic downturn in the state’s corporate income tax collections.
Read Brianna’s story here.
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