Oregon Investment Advantage

This income tax exemption program helps businesses start or locate in most Oregon counties with a multi-year income tax holiday.

Companies setting up operations in an eligible county can be certified at least eight times to annually deduct or subtract taxable income related to those operations, potentially eliminating any state business income tax liability for that period, which begins at least 24 months after the commencement of new operations.

General company eligibility requirements include:

  • the creation of at least five new full-time, year-round jobs that receive minimum level of compensation;
  • facility operations need to be the first of their kind in Oregon for that company; and
  • facility operations cannot compete within the local economy.

Having five or more facility employees is a requirement with each application for annual certification. The uniqueness of operations to the company and other requirements generally pertain only to the time of application for preliminary certification.