SALT Report 2183 – The Oregon State Legislature introduced a bill that would, if passed, enact sales and use tax provisions in the state by authorizing the Department of Revenue to enter into the Streamlined Sales and Use Tax Agreement.
The terms of House Bill 3074 would authorize Oregon to:
- Impose sales tax on sales of tangible personal property or services,
- Impose use tax on the use of tangible personal property purchased out-of-state,
- Provide exemptions from sales and use tax, and
- Enact civil and criminal penalties for noncompliance
The sales and use tax provisions in the Bill will go into effect on January 1, 2016, and will apply to all transactions that occur on or after that date. However, if the Streamlined Sales and Use Tax Agreement provisions are not executed prior to January 1, 2016 the terms of the bill will not become operative.
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