ORS 317A.125: Rate of taxation; exemption amount.

(1) The corporate activity tax imposed under ORS 317A.116 for each tax year shall equal $250 plus the product of the taxpayer’s taxable commercial activity in excess of $1 million for the tax year multiplied by 0.57 percent.

      (2) A tax is not owed under this section if the person’s taxable commercial activity does not exceed $1 million.