Oregon's legislature announced today that it would bring its revenue reform bill to the floor for a vote. The commercial activities tax or CAT was modeled after Washington's business and occupation tax. Subject to minor adjustments, Oregon's corporate and business tax system will remain in place until 2019.

Oregon's legislature announced that it is considering an extension of Oregon's corporate income tax, which would include an increase of the corporate income tax rate, through 2018 with implementation of CAT in 2019.

Oregon's Joint Committee on Tax Reform has announced that it is studying a proposal to replace Oregon's corporate income tax with a gross receipts tax imposed on substantially all business tax conducted within Oregon. The proposed tax, a commercial activities tax or CAT, would be similar to Washington's business and occupation tax.