<p>Oregon Supreme Court Finds Telecommunications Company Incorrectly Calculated Costs of Performance</p>

Oregon Supreme Court Finds Telecommunications Company Incorrectly Calculated Costs of Performance

The Oregon Supreme Court held that a public utility's telecommunication services receipts should be included in the company's sales factor numerator for determining its Oregon taxable income because the state's transaction-based approach for determining the company's costs of performance was reasonable and not implausible.