2011 Regular Session
|At the request of:|
|Bill Title:||Relating to taxation; prescribing an effective date.|
Revises corporate minimum tax for C corporations by imposing tax based on combination of taxpayer's fixed assets, Oregon sales and payroll for tax year.
Restricts use of tax credits to 10 percent of taxpayer's liability for tax year before allowance of credits. Applies to tax years beginning on or after January 1, 2011. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|