2013 Regular Session
|At the request of:||(at the request of House Interim Committee on Revenue)|
|Regular Sponsors:||(Presession Filed)|
|Bill Title:||Relating to tax compliance; and prescribing an effective date.|
|Catchline/Summary:||Directs Department of Revenue to report to Legislative Assembly on use of out-of-state tax shelters and make recommendations for addressing noncompliance attributable to out-of-state tax shelters.
Requires corporations that file Oregon tax return and include unitary corporation that is incorporated in certain jurisdictions to include income from those jurisdictions in Oregon tax return. Directs Department of Revenue to submit report to Legislative Assembly on or before January 1 of each odd-numbered year on recommended changes to list of such jurisdictions. Applies to tax years beginning on or after January 1, 2014. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||Has Minimal Fiscal Impact|
|Revenue Impact:||Revenue Impact Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|