News & Insights
State of Play
Oregon lawmakers convened in a marathon one-day special session yesterday to address a mounting budget deficit created by the coronavirus pandemic and its ensuing economic crisis.
Oregon lawmakers returned to the Capitol on Wednesday morning for their first special session since the beginning of the coronavirus pandemic. In many ways, this limited-scope special session was a trial run for future meetings of the legislature.
The Oregon Department of Revenue has filed a notice of proposed rulemaking on the administrative regulations for the corporate activity tax (C.A.T.). The hearing is the second of two anticipated regulatory filings for the C.A.T. (click here for the earlier filing) and will be held on June 23 via teleconference due to the novel coronavirus pandemic.
On April 27, Tax Notes State published an article by Nikki Dobay, Senior Counsel at the Counsel on State Taxation, and me on the continuing need for Oregon lawmakers to enact corrective legislation to the corporate activity tax.
The forecast is the initial assessment of the overwhelming disruption of the novel coronavirus on the state’s economy and budget, and the outlook of the recovery as lawmakers begin responding to the crisis.
The Oregon Department of Revenue has filed a notice of proposed rulemaking on the administrative regulations for the corporate activity tax. The hearing will be held on May 26 via teleconference due to the novel coronavirus pandemic.