SB490 — Relating to exempt amount under corporate activity tax; prescribing an effective date.

SB490 — Relating to exempt amount under corporate activity tax; prescribing an effective date. · Informed CitizenrySB490 amends the Oregon corporate activity tax (CAT) by increasing the exempt amount and the filing threshold from $1 million to $5 million. Under the proposed changes, a tax is not owed if a perso…Open in Informed Citizenry