Claiming property tax exemption or income tax credit
In order for a taxpayer to claim the property tax exemption under ORS 285C.409 (Property tax exemption) or a corporate excise or income tax credit under ORS 317.124 (Long term enterprise zone facilities):
(1) The written agreement between the business firm and the rural enterprise zone sponsor that is required under ORS 285C.403 (Certification of business firm) (3)(c) must be entered into prior to the termination of the enterprise zone under ORS 285C.245 (Termination); and
(2)(a) For the purpose of the property tax exemption, the business firm must obtain certification under ORS 285C.403 (Certification of business firm) on or before June 30, 2025; or
(b) For the purpose of the corporate excise or income tax credit, the business firm must obtain certification under ORS 285C.403 (Certification of business firm) on or before June 30, 2018. [Formerly 285B.796; 2005 c.94 §15; 2005 c.667 §3; 2007 c.888 §2; 2009 c.913 §2; 2011 c.375 §2; 2011 c.730 §6]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.