Oregon Center for Public Policy: Complete Reporting Would Make It Hard for Corporations to Hide Profits Overseas
ITEP Work in ActionOregon can clamp down on multinational corporations shifting profits overseas, create a more level playing field for Oregon businesses, and raise millions in revenue by enacting “Complete Reporting” by large corporations. That law would make it difficult for multinational corporations to avoid Oregon corporate income taxes by artificially shifting profits earned in Oregon to subsidiaries located abroad.