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Oregon edges closer to âkickerâ refund. The latest forecast of Oregon tax revenue is increasing speculation taxpayers could see a kicker refund. If Democratic Gov. John Kitzhaber is re-elected, he will base his budget on the Nov. 13 forecast.
Only state taxes on or measured by net income or profits, are required to be added back on the Oregon return. (ORS 317.314) Yes. Insurance company filers are required to add back on Form OR-20-INS any state income taxes deducted in computing net gain from operations. This includes Oregon minimum tax. (ORS 317.655)