Greater Portland is more affordable for
company operations when considering all
operating and capital costs.
Oregon is the 10th best state and Washington
is the 17th best state for business tax climate
in the country according to the nonprofit Tax
Foundation. Oregon boasts no state sales tax,
and Washington has no corporate income
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 “multi-factor”
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.
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
“Portland has the second-highest average revenue in the U.S. for businesses with
fewer than 250 employees or under $10
million average revenue. ”