Tax Insider for April 14
Washingon state’s new capital gains tax could spell trouble for Oregonians selling land, property, and other assets into the state. Will Oregon policymakers intervene to stop double taxation between the two states or will they just wait it out?
Top Lines
- This week's "super floors" got in the way of the revenue committees' plans for the week. Those conversations are now set for next week.
- Washington state's new capital gains tax likely presents challenges for the taxes Oregon residents pay to their home state.
- The Joint Committee on Tax Expenditures held public hearings on proposals to expand affordable housing tax initiatives.