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– Staff Reporter, Portland Business Journal Apr 26, 2019, 2:32pm PDT Oregon lawmakers on Thursday night edged closer to passing a $1 billion proposed corporate tax out of committee.
Why Portland’s Tax On ceo pay matters While the impact of the Oregon city’s new law remains to be seen, it may move the national conversation about income inequality forward. [Photo: Flickr.
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The City of Portland, Oregon. (Note: entity changes generally require the Revenue Division to set up a new account. For sole proprietors who certify the three most recently completed tax years, either 1) their gross income everywhere is less than $20,000 or 2) their only business activity everywhere is the rental of one or two residential rental units.
SALEM – Oregon voters might not have to pony up for a stamp if. That means the first election held using pre-paid.
The Portland, Oregon City Council has passed an ordinance that will impose a tax surcharge on publicly traded companies whose chief executive officers are paid at least 100 times more than the median pay of other company employees. Portland is the first locality in the nation to enact such a requirement.
Portland’s city council wednesday approved a first-of-its-kind tax aimed at lessening income inequality. Assessed on public companies whose chief executives are paid vastly more than their average worker, Oregon Live explains the "CEO tax" means "a company with a CEO-to-worker ratio of at.
By a three to one vote this week, Portland City Council decided to institute a tax on CEO pay of publicly traded companies that exceeds at least 100 times that of an average worker’s salary. For a CEO-to-worker pay ratio of 100 to 1, the tax will be 10 percent of what the company owes the city in business taxes.
NOVICK2.JPG. Portland Commissioner Steve Novick promoted the CEO tax measure. (Staff/File) IT WON’T PENCIL OUT: Portland is yet again coming up with anti-business measures, this time aimed at.
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Portland/Multnomah Business Tax . This summary is intended to inform attorneys regarding the rules for the City of Portland/Multnomah County tax returns as it impacts the revenue and income from their law practice. Information regarding revenues/income subject to the tax that would not typically be encountered in a law practice is also