Tax Insider for February 6
Portland area governments are fighting a sensible legislative proposal requiring uniform rules and definitions for local income taxes. Tax compliance doesn’t need to be rocket science, especially in Portland.
Top Lines
- Portland area governments turned to income taxes on high-income earners to fund new services during the pandemic. The problem, however, is that the taxes are too complex for people to reasonably pay.
- The House Revenue Committee considered a proposal last week to allow trade associations to petition the Oregon Tax Court on behalf of their members.
- On Tuesday, the legislative revenue committees will begin their annual review of federal tax law changes, a process that could become unusually calm or busy.
