Tax Insider for January 30
The most prominent tax topic in the legislature right now is unequivocally semiconductors and the contents of the looming incentives package. What's at stake?
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Welcome to the Tax Insider! This exclusive newsletter explores the latest news and developments in Oregon tax politics, policy, and controversy. These updates arrive in your inbox every Monday at 7 am (PST).
Top Lines
- The most prominent tax topic in the legislature right now is unequivocally semiconductors and the contents of the looming incentives package. What's at stake?
- The legislative revenue committees began holding hearings on a few contested tax measures right off the bat, including a dispute over funding county tax assessors and a new estate tax exemption for natural resource businesses.
- The upcoming week will feature some new ideas for tackling tax disputes, including proposals to allow associations to petition the Oregon Tax Court and requiring local jurisdictions to align their income taxes to the state.