Singles sales factor for corporate excise/income taxes
Corporate tax due to Oregon is now based 100 percent on sales within the state, versus being based on the amount of corporate sales, payroll and property within the state. Consequently, new capital investments or additional payroll expenses in Oregon will themselves entail no additional tax exposure. This is tremendously advantageous to new/expanding manufacturers or the like that "export" value-added goods or services outside of Oregon to customers at locations where the corporation would otherwise be subject to income taxation.

Oregon levies 6.6 percent corporate income tax rate. This rate is relatively low among all states in the U.S., especially other western states with corporate income taxation. The resulting tax liability is reducible with credits. (Although it has no such income-based tax, our northern neighbor, the state of Washington imposes a tax on annual gross revenue.)

For more information on corporate taxation in Oregon, including forms visit the Oregon Department of Revenue's web site.