Relating to corporate tax disclosure; prescribing an effective date.
Catchline/Summary:
Requires publicly traded corporations that are required to file tax returns to file annual disclosure statements with Secretary of State, listing information including federal taxable income, Oregon taxable income, additions, subtractions, credits, tax liability, wages and compensation and sales. Requires publicly traded corporations that are required to file tax returns to file annual disclosure statements with Secretary of State, listing information including federal taxable income, Oregon taxable income, additions, subtractions, credits, tax liability, wages and compensation and sales. Requires Secretary of State to make information in statements publicly available.
Provides for penalties for noncompliance.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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SB 677 Senate Committee On Finance and Revenue
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