Income/Franchise:
Oregon DOR to Conduct Rule Advisory Committee Meeting on MTC P.L. 86-272 Statement on August 23
Rules Advisory Committee Meeting: Potential adoption of Public Law 86-272 revised statement, Or. Dept. of Rev. (8/22). The Oregon Department of Revenue (Department) announced that it will conduct a “Rules Advisory Committee” (RAC) virtual meeting on August 23, 2022, addressing Oregon’s potential adoption of the Multistate Tax Commission’s (MTC) “Public Law 86-272 revised statement” for state corporate excise (income) tax purposes, with two additional meetings scheduled for September 7 and September 20, 2022, if needed. According to the Department, the RAC is an important part of Oregon’s administrative rule-adoption process, and this RAC will help the Department determine if it will adopt the “revised Statement of Information Concerning Practices of the Multistate Tax Commission and Supporting States Under Public Law 86-272” by administrative rule. During the meeting(s), the Department states that it will consider RAC input on all issues related to the MTC’s Public Law 86-272 revised statement, including potential rule language. These meetings are open to the public. Please contact us with any questions.
30 Rockefeller Plaza New York, NY 10112-0015 United States
About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.
