OR HB2048 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Failed on July 7 2017 - 100% progression
Action: 2017-07-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Unknown
Status: Failed on July 7 2017 - 100% progression
Action: 2017-07-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Replaces standard using cost of performance with market-sourcing standard for purposes of corporate taxation and determining sales factor for apportionment calculation. Applies to tax years beginning on or after January 1, 2018. Takes effect on 91st day following adjournment sine die.
Title
Relating to market-based sourcing for corporate apportionment; prescribing an effective date.
Sponsors
| No sponsor information available at this time. |
History
| Date | Chamber | Action |
|---|---|---|
| 2017-07-07 | House | In committee upon adjournment. |
| 2017-01-17 | House | Referred to Revenue. |
| 2017-01-09 | House | First reading. Referred to Speaker's desk. |
Oregon State Sources
| Type | Source |
|---|---|
| Summary | https://olis.oregonlegislature.gov/liz/2017R1/Measures/Overview/HB2048 |
| Text | https://olis.oregonlegislature.gov/liz/2017R1/Downloads/MeasureDocument/HB2048/Introduced |
