2017 Regular Session
|At the request of:|
|Chief Sponsors:||Representative Nosse|
|Regular Sponsors:||(Presession Filed)|
|Bill Title:||Relating to tax reporting of multinational corporations; prescribing an effective date.|
Provides for addition, on Oregon corporate excise tax return, of income or loss of corporation incorporated in tax haven and member of unitary group, if income or loss is connected to trade or business in United States.
Defines "tax haven." Discontinues use of biennially updated list of jurisdictions of incorporation for inclusion on return. Applies to tax years beginning on or after January 1, 2018. 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|