2017 Regular Session
|At the request of:||(at the request of Governor Kate Brown for Department of Revenue)|
|Regular Sponsors:||(Presession Filed)|
|Bill Title:||Relating to apportionment of income of affiliated group containing insurer member; prescribing an effective date.|
Excludes Oregon sales of unitary insurance affiliate from numerator of sales factor for purposes of corporate excise tax apportionment formula.
Applies to tax years for which returns are subject to appeal or to audit or adjustment by Department of Revenue, or for which claim for refund may be made, on or after effective date of Act. 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 Senate Committee|
|Current Committee:||Senate Committee On Finance and Revenue|