[File Photo]
OKLAHOMA CITY -
Oklahoma's auditor and inspector will audit tax credit programs
administered by the Oklahoma Tax Commission.
State Auditor Gary Jones said Thursday the legislative Tax Credit
Task Force identified several areas of concern following a review of the
state's tax credit programs over the past year. The task force recommended the
programs be audited to ensure they comply with statutory requirements granting
the credit.
Jones says his agency has the authority to examine documents or
property necessary to comply with state tax laws. Jones says Oklahoma Tax
Commission Administrator Tony Mastin has promised that the agency will
cooperate fully with his auditors.
Once audits are complete, a copy of each final report will be
provided to Gov. Mary Fallin and legislative leaders as they consider the task
force's recommendations.