Okla. Admin. Code § 710:40-1-17 - Reporting form to be used by taxpayers exempt from the tax as a result of a tax of $250.00 or less being due
For all franchise tax returns due on or after January 1, 2008, if a taxpayer computes the franchise tax due and determines that it amounts to $250.00 or less, the taxpayer is exempt from the tax and a "no tax due" report as prescribed by the Tax Commission is required to be filed. A schedule of corporate officers must still be filed and, for foreign corporations, the $100.00 registered agents fee is still due. [See: 68 O.S. § 1205 ]
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