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INCENTIVE DESCRIPTION
| State: | OR |
| Incentive Type: | Property Tax Incentives |
| Incentive Title: | Other Tax Incentives |
| Description: | 1. ENTERPRISE ZONE LONG TERM INCENTIVE: 7 to 15 consecutive years of full relief from property taxes on the a facility, once placed in service. 2. WORK IN PROGRESS EXEMPTION: Until a new facility is placed in service, it is not subject to the imposition of local property taxes. |
| Eligibility Requirements: | 1. & 2. Any type of business activity is eligible, but these incentives depend on local approval and minimum levels for investment size, job creation and employee compensation. |
| Geographic Restrictions: | Specific Enterprise Zones |
| Granting Authority: | Local Enterprise Zone Coordinator |
| The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
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