State Tax Collections: T22 Corporations in General License for Oregon
QTAXT22QTAXCAT3ORNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.00
Year-over-Year Change
-93.41%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures corporate state tax collections in Oregon, providing insights into the fiscal health and tax burden of businesses in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Tax Collections: T22 Corporations in General License for Oregon metric tracks the total amount of state-level corporate taxes paid by businesses located in Oregon. This data point is used by policymakers, economists, and analysts to assess the tax environment and financial performance of the corporate sector within the state.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Government Tax Revenue program.
Historical Context
Trends in corporate state tax collections are closely monitored for their implications on state budgets, business investment, and economic policy decisions.
Key Facts
- Oregon's corporate state tax collections totaled $1.2 billion in 2021.
- Corporate tax revenue accounts for approximately 10% of Oregon's total state tax receipts.
- State corporate tax rates in Oregon range from 6.6% to 7.6% depending on taxable income.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of state-level corporate taxes paid by businesses located in Oregon.
Q: Why is this trend relevant for users or analysts?
A: Trends in corporate state tax collections provide insights into the tax burden and financial health of the business sector, which is crucial for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Government Tax Revenue program.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor corporate state tax collections to assess the impact on state budgets, business investment, and the overall economic environment.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Census Bureau, so there may be a delay of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, State Tax Collections: T22 Corporations in General License for Oregon (QTAXT22QTAXCAT3ORNO), retrieved from FRED.