Oregon Statutes 317A.125 – Rate of taxation; exemption amount
Current as of: 2023 | Check for updates
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(1) The corporate activity tax imposed under ORS § 317A.116 for each tax year shall equal $250 plus the product of the taxpayer’s taxable commercial activity in excess of $1 million for the tax year multiplied by 0.57 percent.
Terms Used In Oregon Statutes 317A.125
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
(2) A tax is not owed under this section if the person‘s taxable commercial activity does not exceed $1 million. [2019 c.122 § 65; 2021 c.572 § 8]