Oregon offers globally competitive tax incentives to encourage businesses to locate in Oregon. Salem, Oregon is pro-business and offers an array of incentives designed to stimulate economic growth and job creation.
SINGLE-SALES FACTOR: Corporate income tax for companies located in Oregon is assessed only on sales within the state.
ENTERPRISE ZONE PROPERTY TAX EXEMPTION: New investment within the Enterprise Zone can receive property tax abatement for three to five years.
STRATEGIC INVESTMENT ZONE: Projects with capital investments exceeding $100 million are eligible for partial property tax abatement for 15 years.
WORKFORCE TRAINING GRANTS: Reimbursement to offset costs incurred for employee training.
STATE STRATEGIC RESERVE FUND (SRF): Grant to offset costs for expanding business.
STATE BUSINESS EXPANSION PROGRAM: Forgivable loan for companies that generate certain number of employees above average wage.
FOREIGN TRADE ZONE: Similar to what is known internationally as free trade zones. Goods and merchandise are not subject to tariffs.
E-COMMERCE TAX CREDIT: 25% income tax credit for capital assets used in E-commerce operations.
CONSTRUCTION-IN-PROCESS: Unfinished facility improvements exempt from local property taxes for up to two years.