tax. According to the Ernst and Young for
the Council on State Taxation, Oregon has
the lowest total effective business tax rate
imposed on business activity by state and
Single Sales Factor
Oregon businesses are taxed on a portion of
their total income derived from sales within
the state of Oregon. This corporate income
tax is considered “Single Sales Factor” tax,
as it considers only Oregon sales in determining corporate income taxes owed to the
state. Other states often include additional
assets and payroll, making them “
This aspect of the corporate income tax has
a tremendous impact for multi-state compa-nies based in Oregon. If a company is located
in Oregon but sells products throughout
the United States or internationally, that
company pays only Oregon corporate
income tax based on the amount of income
coming from sales within state lines.
Greater Portland currently affords a long-term sustainable business environment with
its existing tax structure. Additionally, the
following programs are available in certain
areas in the region for qualifying companies:
Oregon Enterprise Zone (E-Zone): This tax
incentive provides a 100% property tax abatement for up to 5 years on all new qualified
investment within the designated Enterprise
Zones. Incentive is based on qualified investment and job retention and/or creation.
In addition to having no state Corporate
Income Tax, Washington also has Manufacturing Sales & Use Tax Waivers and B&O
Tax Exemptions for qualifying industries.
Both states offer workforce training
programs for qualified employers.
The Oregon On-the-Job Training program
allows the state to reimburse a business
50% of the cost of wages up to $3,250
for multiple employees, while the business trains the new hires to meet specific
company needs. From engineers, to software specialists, to administrative staff and
production workers, on-the-job training
can be used to support a variety of recruitment needs for almost any position. This
program is subject to application and
approval through workforce agencies.
The Washington Customized Employment
Training Program is a statewide program
and available to all businesses that meet
eligibility requirements. Businesses located
in or expanding in Washington state can
apply for a low-interest loan for employee
training and get reimbursed 50% through a
With exceptional access to the outdoors and
a terrific food and beverage scene, the region
has defined itself as a world-class destination.
Because of this culture, once employees come
to Greater Portland, they tend to stay.
Just a few of the unique regional advantages
• Only year-round skiing in the United
States at Mt. Hood, which is an hour
away from downtown Portland.
• Over 350 miles of publicly owned coastline, as close as an hour’s drive.
• A food lover’s paradise: Dozens of farmers
markets, hundreds of organic restaurants
and wineries within short driving distance,
not to mention coffee shops on almost
every block. Also, numerous startups in
the form of “food cart pods” throughout
the city allow entrepreneurs to launch a
restaurant at low cost.
• Over 280 mountain bike trails in Oregon
• A “Beervana”: With 58 breweries and
counting, Greater Portland has more than
any other region globally.
SMALL BUSINESS GROWTH
With strong support for locally and hand-made goods and niche markets, Portland is
a favorite for startups, especially computer
At the Candlewood Suites Vancouver/Camas, we
offer a more casual kind of longer stay, including
all of the comforts and conveniences you need to
be at your best while on the road.
Extended Stay Rates • Fully-equipped Kitchens
Free high-speed internet • Pet Friendly
Candlewood Cupboard® • Candlewood Gym®
Free Laundry • Lending Locker
2010 SE 192ND AVENUE, VANCOUVER, WA 98683