OSPIRG releases report on corporate tax transparency

OSPIRG releases report on corporate tax transparency

The Oregon State Public Interest Research Group found the state does not provide legally required information about several corporate tax expenditures.

The group, better known as OSPIRG, puts together an annual report that outlines which tax expenditures the state keeps the necessary public records for. Some are exempt from documentation, but most have a string of data that is required to be reported publicly on the state’s transparency website.

Legislative Revenue Officer Paul Warner said tax expenditures include credits, deductions, exemptions, deferrals, favorable rates and more, and they are defined in Oregon statutes.

Read more at Statesman Journal