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Taxes in Woodward, OK
The local sales tax rate in Woodward, OK is 4.5%, while the state sales tax rate is 4.5%. Additionally, Woodward County has a sales tax rate of 1.75%, which is added to the local and state rates for a combined total sales tax rate.
As for corporate taxes, Oklahoma has a flat corporate income tax rate of 6%. The state does not impose a gross receipts tax. However, certain industries may be subject to other specific taxes or fees.
Regarding property taxes in Woodward, OK, these rates can vary. Commercial and industrial property taxes are typically assessed based on the value of the property and the buildings on it. Personal property taxes, which apply to items like vehicles and boats, are also assessed based on value. The specific rates can vary year by year and are set by the county assessor's office.
More comprehensive tax data for Woodward is coming soon!
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Business and Tax Incentives in Woodward, OK
Woodward offers a variety of economic incentives to help businesses at the local, state, and federal level.
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Reviews
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FAQs about Woodward, OK
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