- Oklahoma Governor Kevin Stitt signed HB 1600 into law
- Sales of machinery and equipment used for commercial mining of digital assets are exempt from sales tax
- Exemption is effective from November 1, 2024 until December 31, 2029
- Items exempt from sales tax include servers, computers, racks, power distribution units, cabling, switchgear, transformers, substations, software, network equipment, and electricity
Source: weaver.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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