Okla. Admin. Code § 710:40-1-12

Current through Vol. 42, No. 6, December 2, 2024

Section 710:40-1-12 - Investment in subsidiary

Investment in a subsidiary shall be reported as an intangible asset on the Franchise Tax Return. An investment in a subsidiary within the meaning of this Section shall not be treated as an inter-company advance and shall not be eliminated from the calculation of capital employed.