Ore. High Court Frees Tektronix From $3.7M Tax Liability

Law360, New York (December 12, 2013, 6:00 PM EST) -- The Oregon Supreme Court on Thursday said the state Department of Revenue was wrong to slap technology manufacturing company Tektronix Inc. with a $3.7 million tax deficiency, finding the company's $925 million printer division sale should not have been factored into the state's apportionment formula.

Analyzing the apportionment of Tektronix's business income under Oregon's Uniform Division of Income for Tax Purposes Act, Associate Justice Martha L. Walters found the company's sale of its entire printing division was not part of Tektronix's primary business activity, removing the...
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