On July 6th, 2017 the Oregon legislature passed the $5.3 billion transportation package (Oregon House Bill 2017) which is expected to be signed into law by Gov. Kate Brown. The bill, in part, raises revenue through a 0.5% excise (privilege) tax on dealers for the “privilege of engaging in the business of selling” new cars in Oregon.
Download our latest bulletin for further information.
If you have any questions or concerns about the bill, please contact your advisor.
Author: Blake Seabaugh, CPA, Tax Manager