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What is the difference between a corporate excise tax return and a corporate income tax return?

April 26, 2017corporate difference Return tax return

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What is the difference between a corporate excise tax return and a corporate income tax return?

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Every corporation doing business in Oregon must file a corporate excise tax return (Form 20) and pay the greater of computed tax or the minimum excise tax. Corporations not doing business in Oregon, but with income from an Oregon source, must file a corporate income tax return (Form 20-I). There is no minimum tax for income tax filers.