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|Friday, June 01, 2007|
So many questions, so little time June 30. That’s when the Legislature says it’s going home. And as the pressure mounts, it’s anybody’s guess how some of the year’s top issues will play out. One thing is for sure, two interconnected topics are going to dominate headlines this month: the budget and taxes.
THE WAITING GAME
Where do business-related issues stand in these final days? “Snake bit” and “floundering” is how Lynn Lundquist, president of the Oregon Business Association, respectively describes the corporate minimum tax and the extended bottle bill, which his group has been working to get passed.
GIVE AND TAKE
Of the $80 billion the nation spent on gift cards last year, $8 billion went unclaimed. No one can say for sure how much of that sits forgotten in the wallets and purses of Oregonians, but a new bill may shift some of that money out of businesses’ accounting spreadsheets into a $15 million to $35 million annual windfall for the Common School Fund.
The idea, introduced by Bend Democrat Sen. Ben Westlund (is there anything he’s not involved in this year?), would treat gift cards like other kinds of abandoned property, like forgotten bank accounts or unclaimed tax refunds. Three years after a card was last used (or if it was never used, three years after it was purchased), the value would end up as unclaimed property with the state. Today, it’s often counted as profit by the issuing company.
In an effort to make the bill more amenable to business interests, Westlund’s camp has added amendments so that SB 460 would exclude gift cards issued by banks, cards that encompass multiple stores, and cards that are used in promotions.
A MEASURE OF THEIR LEADERSHIP
There are two ways to look at the Legislature’s decision to hand an amended version of Measure 37 back to the voters: politically necessary, or totally chicken.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.