This is a legal form that was released by the Oklahoma Tax Commission - a government authority operating within Oklahoma. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is OTC Form 329?
A: OTC Form 329 is an application for certification of an economically at-risk lease in Oklahoma.
Q: What does OTC Form 329 certify?
A: OTC Form 329 certifies that a lease in Oklahoma is economically at-risk.
Q: Who should complete OTC Form 329?
A: The leaseholder or operator of an economically at-risk lease should complete OTC Form 329.
Q: What is an economically at-risk lease?
A: An economically at-risk lease is a lease that is not generating sufficient income to cover its expenses.
Q: Why is OTC Form 329 important?
A: OTC Form 329 is important because it allows for the reduction of ad valorem taxes on economically at-risk leases in Oklahoma.
Q: Are there any fees associated with OTC Form 329?
A: No, there are no fees associated with submitting OTC Form 329.
Form Details:
Download a fillable version of OTC Form 329 by clicking the link below or browse more documents and templates provided by the Oklahoma Tax Commission.