News & Events

News & Events

10.16.2013

With 2013 Oregon Income Tax Changes, Some Businesses Should Revisit Their Ownership Structure

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Oregon business owners operating in the form of sole proprietorships, wholly-owned LLCs, and closely held C corporations may wish to reconsider their business structure due to upcoming changes in Oregon tax law. As a result of the so-called “Grand Bargain” enacted by the special 2013 Legislative session and signed into law on October 8, business income earned through pass-through entities such as partnerships and S corporations will potentially be taxed at lower rates starting in 2015. As a result, operating a business through a pass-through entity will become more attractive for many business owners.

Click here to find out more about this new tax law.


For more information, please contact the Taxation Group at Lane Powell:

206.223.7000 Seattle
503.778.2100 Portland
907.277.9511 Anchorage
taxlaw@lanepowell.com