A. There are exempt from the taxes imposed by Section 1351 et seq. of Title 68 of the Oklahoma Statutes service transactions among related entities.
B. For purposes of this section, "related entity" includes persons as defined by subsection (b) of Section 267 of the Internal Revenue Code.
C. An exemption authorized by this section does not apply to a service that would have been taxable under Section 1351 et seq. of Title 68 of the Oklahoma Statutes as it existed on July 1, 2003.
D. Services that are exempt under this section may not be purchased for resale by the providing company.
E. Tangible personal property that is transferred as an integral part of a service exempted under this section may not be purchased for resale by the providing company.
Added by Laws 2003, c. 462, § 1, eff. July 1, 2003.