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Published on Friday, March 15, 2013

Changing local B&O taxes

On Tuesday, a substitute version of SB 5688 passed the Senate. The substitute requires the Department of Revenue (DPR) to convene a workgroup and develop recommendations for simplifying city and state B&O taxes. The workgroup would consist of DOR, AWC, cities, policy groups that have evaluated the state's tax system, and statewide business organizations. By December 15, 2013, DOR must submit the group's recommendations to the Legislature.

AWC and cities do not believe this workgroup is necessary, as efforts to streamline local B&O tax collection are underway.

Categories: Budget & finance