Oregon Legislature Passes $5.3 Billion Transportation Funding Bill
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.
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If you have any questions or concerns about the bill, please contact your advisor.
Author: Blake Seabaugh, CPA, Tax Manager