Search This Blog

27 January 2010

Oregon votes against Mom & Pop shops

With the passage of measure 66 and 67, Oregon voters have effectively helped Oregon loose more business to Delaware. Now, if your hole-in-the-wall store makes no money (say, not one single customer) or you in fact loose money, you get to pay an additional $150 in taxes! Yay!  Since Oregon's minimum tax is now equal to Delaware's maximum tax, make sure to consider registering your business outside of Oregon, especially if you are doing an internet-based business.