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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 ...
Oregon Ballot Measure 118, the Corporate Tax Revenue Rebate for Residents Initiative, is a proposed Oregon state initiative that will be decided by voters as part of the 2024 Oregon elections on November 5, 2024.
November 1, 2024 at 10:03 AM. Oregon voters will have the opportunity on Tuesday to vote on a first-in-the-nation ballot measure that would levy an additional tax on large corporations to be ...
The state also has a minimum corporate tax of only $150 a year, [60] amounting to 5.6% of the General Fund in the 2005–07 biennium; data about which businesses pay the minimum is not available to the public. [61] [better source needed] As a result, the state relies on property and income taxes for its revenue. Oregon has the fifth highest ...
Constitutional Amendment Lending State Tax Credit for Higher Education Buildings 3: Yes 268,171: 183,724 59.34% Yes Leg Constitutional Amendment Augmenting "Oregon War Veterans' Fund" 4: No 234,394 231,856: 50.27% Yes Leg Increasing Basic School Support Fund by Annual Tax Levy 5: Yes 310,143: 158,939 66.12% No Ref Needy Aged Persons Public ...
The most common tax depreciation method used in the U.S. is the Modified Accelerated Cost Recovery System or MACRS. This accelerates depreciation and provides greater deductions in the early years.
Taxation in the United States. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the ...
Ballot Measure 5 was a landmark piece of direct legislation in the U.S. state of Oregon in 1990. Measure 5, an amendment to the Oregon Constitution (Article XI, Section 11), established limits on Oregon's property taxes on real estate. Its primary champion and spokesman was Don McIntire, [1] a politically-active Gresham health club owner who ...