Oklahoma Business Registration Application For Nonresident Contractors Form Page 20
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26Worksheet for Estimate of Tax Liability
Form BT-194 - Page 2
Revised 5-2012
Nonresident Contractor
E. Estimate for Workers Compensation
Payroll for Project .................................................................................................... $
Times Rate for your Industry ................................................................................... X ______________________
Total Estimate for Workers Compensation Coverage ........................................
$
F. Estimate of Ad Valorem Tax
Value of Property Located in Oklahoma on January 1st .........................................
$
Times Tax Rate of 1%.............................................................................................. X
1%
Total Estimated Ad Valorem Tax .......................................................................... $
G. Estimate of Motor Vehicle Taxes (if any)
Motor Vehicle Taxes (if any) .................................................................................... $
H. Estimate of Motor Fuel Taxes (if any)
Motor Fuel Taxes (if any) ......................................................................................... $
Total Estimated Liability for all Tax Types
Sum of Entries on Lines A through I Above ........................................................
$
Three (3) Times the Estimated Tax Liability equals
Total Amount of Bond Required
Total Amount of Bond Required ........................................................................... $
The estimates set out above are made in good faith and based on the best information available at this date. It is
agreed that the amount of bond required will be increased if changes are made to the contract or if the data on which
these estimates are based should change.
____________________________________________________________________________________________
Name (Print)
_____________________________________________________________
___________________________
Signature
Date
E
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