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For premium support please call: 800-290-4726 ... Measure 118, the so-called Oregon rebate ... The report said about 1.8% of C- and S-corporations would experience a tax increase under Measure 118 ...
Oregon Ballot Measure 118, the Corporate Tax Revenue Rebate for Residents Initiative, was a proposed Oregon state initiative that was decided by voters as part of the 2024 Oregon elections on November 5, 2024. [1] [2] If accepted, the measure would have increased the state corporate minimum tax to 3% on businesses with sales of more than $25 ...
Oregon residents will soon vote on a corporate tax increase to give them a universal basic income. Businesses have spent millions to oppose the 3% tax on corporate sales over $25 million.
Millions have been raised in opposition of the measure which would raise taxes on some corporations and distribute the money to every Oregonian. Measure 118: 'Oregon Rebate' proposes taxing ...
The Oregon tax rebate, commonly referred to as the kicker, is a rebate calculated for both individual and corporate taxpayers in the U.S. state of Oregon when a revenue surplus exists. The Oregon Constitution mandates that the rebate be issued when the calculated revenue for a given biennium exceeds the forecast revenue by at least two percent. [1]
In November 1996, Measure 47 was passed by the Oregon voters 52.3% to 47.7%. [4] Problems with the legal wording of Measure 47 caused the Oregon Legislature to send Measure 50 to voters in 1997, which clarified Measure 47. During a special election in May 1997, Measure 50 was approved by the voters 55.7% to 44.3%.
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
During the 2024 general election, Oregonians will vote on five statewide ballot measures ranging from impeachment rights, corporate taxes, and collective bargaining in the cannabis industry.