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Oregon Corporate Income & Excise Tax History

C-Corporation net income attributable to Oregon is taxed under the corporate excise tax. The tax rate is 6.6%. The corporate excise tax is the second largest tax source for the state General Fund. The corporate tax revenue is projected to provide 4.5% of General Fund revenues in the 2007-09 biennium. Oregon uses federal taxable income, with some modifications, as its tax base. Corporations pay taxes only on income attributable to Oregon. Read More...

What is an Excise Tax?

An excise tax is a type of tax charged on specific goods produced within a country (as opposed to tariffs or customs, which tax goods when they cross political boundaries). According to the IRS website, "Excise taxes are taxes paid when purchases are made on a specific good, such as gasoline." Read More...

American Tax Research

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