Oregon offers globally competitive tax incentives to help encourage businesses to locate in Oregon, and existing Oregon businesses to grow and prosper.
Standard Enterprise Zones
In exchange for locating or expanding into an enterprise zone, eligible (generally non-retail) businesses receive exemption from property taxes on new plants and equipment for at least three years (but up to five years) in the standard program. In addition, two other designations, Long-term Enterprise Zone and Electronic Commerce Zone, may benefit businesses locating in zones with the special status.
The Oregon Investment Advantage
This income tax exemption program helps businesses start or locate in most Oregon counties with a 10-year waiver on all income/excise taxes related to those operations, potentially avoiding state business tax liability for that period.
Business Energy Tax Credit
The Oregon Department of Energy offers the Business Energy Tax Credit to those who invest in energy conservation, recycling, renewable energy-related manufacturing and less-polluting transportation fuels.
For more about enterprise zone advantages see: Oregon Tax Advantage