HB2109 — Relating to the penalty for understatement of net tax; prescribing an effective date.

HB2109 — Relating to the penalty for understatement of net tax; prescribing an effective date. · Informed CitizenryThe bill amends ORS 314.402 regarding penalties for understating net tax. It increases the threshold amount of understated income tax above which a penalty applies. For a calendar year beginning on…Open in Informed Citizenry