Oregon Statutes 285C.408 – Claiming property tax exemption or income tax credit
Current as of: 2023 | Check for updates
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In order for a taxpayer to claim the property tax exemption under ORS § 285C.409 or a corporate excise or income tax credit under ORS § 317.124:
(1) The written agreement between the business firm and the rural enterprise zone sponsor that is required under ORS § 285C.403 (3)(c) must be entered into prior to the termination of the enterprise zone under ORS § 285C.245 or 285C.255 (1)(c); and
(2)(a) For the purpose of the property tax exemption, the business firm must obtain certification under ORS § 285C.403 on or before June 30, 2032; or
(b) For the purpose of the corporate excise or income tax credit, the business firm must obtain certification under ORS § 285C.403 on or before June 30, 2018. [Formerly 285C.406]