Guardian Pharmacy Asks Oklahoma Justices to Reduce Taxed Income

The 12 members that own Guardian Pharmacy LLC form a unitary business that is entitled to apportion its revenue among the states where it earns income for Oklahoma tax purposes, the company told the Oklahoma Supreme Court.

The Atlanta-based long-term care pharmacy company wants the state’s justices to reject an Oklahoma Tax Commission decision that it didn’t provide evidence that its members were functionally integrated, centrally managed, and benefited from economies of scale. An affidavit filed by a Guardian officer gave “more than enough evidence to show, by a preponderance of the evidence, that Guardian was operating a unitary business,” ...