POPULATION: 1,318,301
LABOR FORCE: 1,976,000 (Aug. 2012)
RIGHT TO WORK: No
TRADITIONAL INDUSTRIES:High technology, agriculture,
wood products
EXPANDING INDUSTRIES: Green energy manufacturing,
aerospace, high-tech/semiconductors,
software, biomedical
technology, outdoor gear,
transportation equipment, primary
and fabricated metals
COLLEGE GRADUATES: (Age 25 and over) 28.8% (2010)
BASIC BUSINESS TAXES:
Corporate Excise Tax: 6.6 percent
on net Oregon income of
corporations doing business in
the state; 7.6-7.9 percent on
taxable income over $10
million
Sales and Use Tax: None
Property Tax: Privately owned
real estate and personal property
used to produce income
are subject to tax by local taxing
districts such as schools,
cities, and counties. Statewide
property tax limitation of
approximately 1.5 percent of
real market value. Annual
increases are limited to 3 percent.
Abatement programs
often available to expanding
businesses.
BUSINESS INCENTIVES:
Enterprise zones
E-commerce zones
Business Retention and
Expansion Forgivable Loan
Program
Business Energy Tax Credit -
Manufacturing
Oregon Investment Advantage
tax exemption
Strategic Investment Program
Industrial Development Bond
Program
Oregon Business Development
Fund loans
Oregon Capital Access
Program
Oregon Entrepreneurial
Development Loan Fund
Oregon Credit Enhancement
Fund
Commercial properties under
construction property tax
exemption
Research Tax Credit
Oregon Port Revolving Loan
Fund
Foreign-trade zones
Food-processing equipment
exemption
