The Revenue Division administers business taxes for Portland and Multnomah County, and special taxes such as occupancy taxes for hotels, B&Bs, and vacation rentals, and two enhanced services districts: Clean & Safe District and Lloyd Improvement District. Register, File or Pay Business Taxes Online
In an effort to combat income inequality, the city of Portland, Ore., has voted to tax companies that pay their CEOs more than 100 times what they pay their average workers. The new surtax is the.
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A Portland, Oregon-based urban economist warned against the unintended. It’s an historic economic reversal that’s guiding.
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Portland, Oregon Approves "CEO Tax" on Publicly Traded Companies By David Blum on February 2, 2017 Posted in Oregon The Portland City Council, with a 3-1 vote at its December 7, 2016 meeting, approved a new surtax on its business license tax for publicly traded companies subject to U.S. Securities and Exchange Commission (SEC) disclosure.
Portland, Oregon is raising taxes on companies with CEOs making 100 times employee salaries – and giving the money to the homeless. The new law, which passed 3-1 in the city council, is expected to generate between $2.5 million and $3.5 million a year starting in January 2018. Though no specific plans have been announced,
Sandra McDonough, president and CEO of the Portland Business Alliance, or the city’s Chamber of Commerce, said the tax will have "virtually no impact" on addressing income inequality. "This tax is yet another signal that Portland is hard on businesses that want to invest here," she said.
PORTLAND, Ore. (AP) Gov. John Kitzhaber announced Friday that he’s giving Intel a tax deal similar to the one he granted Nike a year ago. The 30-year agreement promises that any changes to Oregon’s.
Portland Surtax on Corporations with Extreme CEO-Worker Pay Ratios – A Backgrounder – Summary On December 7, 2016, the city council in Portland, Oregon, adopted a proposal for a surtax on their local business license tax that will penalize publicly traded companies with extremely wide pay gaps.
Learn the tax laws for small businesses in Oregon, and understand the different types of taxes small business owners face based on business type.