Business Taxes in Yukon, Oklahoma

Yukon offers businesses a competitive tax environment within the Oklahoma City metro, supported by Oklahoma’s low corporate income tax rate and a range of state and local economic development tools.

The combined sales tax rate in Yukon is 8.85%, consisting of a 4.5% State of Oklahoma sales tax, 4% City of Yukon sales tax, and 0.35% Canadian County sales tax. Oklahoma also has a 4% corporate income tax rate, giving businesses one of the lower corporate income tax rates in the nation.

Qualifying businesses may be eligible for state incentive programs, including the Oklahoma Quality Jobs Program, which can provide quarterly cash payments of up to 5% of qualifying new payroll for up to 10 years. Depending on the business and investment, additional exemptions or incentives may be available for qualifying manufacturing operations, research and development, data centers, equipment, facilities and other eligible investments.

Property taxes in Yukon are based on assessed value and applicable millage rates. Because millage varies by school district and other taxing jurisdictions, the total property tax rate depends on the property's specific location.

Yukon Economic Development can help businesses, developers and site selectors understand the taxes, incentives, and economic development programs that may apply to a specific project.