PAY RATIO SURTAX PRS SCHEDULE City of Portland Business Form
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People also ask
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What is large retailer tax in Portland?
Large Retailers shall pay a 1 percent surcharge on Retail Gross Revenue within the City. This surcharge is not a tax imposed directly on the purchaser (consumer).
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What is the Multnomah County business income tax?
The tax rates for the City of Portland and Multnomah County are 2.6% and 2.0% respectively. However, both the City and County have a minimum tax rate of $100 each, meaning that a taxpayer's minimum tax liability due on their business tax return will be $200 ($100 to Portland, $100 to Multnomah County).
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What is the tax rate in Portland, Oregon?
Oregon Tax Rates, Collections, and Burdens Oregon has a graduated state individual income tax, with rates ranging from 4.75 percent to 9.9 percent. There are also jurisdictions that collect local income taxes. Oregon has a graduated corporate income tax, with rates ranging from 6.6 percent to 7.6 percent.
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What is the City of Portland surcharge?
Clean Energy Surcharge Rate For tax years beginning on or after January 1, 2019, the Clean Energy Surcharge (CES) is a 1% surcharge on Retail Sales within the City of Portland imposed on Large Retailers.
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What is the Portland business tax rate?
Table 4. Portland's Taxes Stack Up Quickly TaxPass-Through IncomeCorporate Income Business License Tax 2.6% 2.6% Business Income Tax 2.0% 2.0% Supportive Housing Services Tax 1.0% 1.0% Clean Energy Surcharge 1.0% 1.0%9 more rows • Jun 25, 2024
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What is the business tax rate in Oregon?
Oregon's Corporate Income and Excise taxes have a two-tiered structure, applying a 6.6% rate to taxable income up to $1 million, and a 7.6% rate to taxable income above $1 million; the threshold is not indexed for inflation.
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What is the business tax in Portland?
The tax rates for the City of Portland and Multnomah County are 2.6% and 2.0% respectively. However, both the City and County have a minimum tax rate of $100 each, meaning that a taxpayer's minimum tax liability due on their business tax return will be $200 ($100 to Portland, $100 to Multnomah County).
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What is the CEO pay ratio tax in Portland?
Portland, Oregon passed in December 2016 an ordinance imposing a surtax of 10% on top of Portland's business income tax (currently 2.2%) on publicly traded companies if the CEO pay ratio is at least 100:1, with that surtax rising to 25% if the ratio is greater than 250:1.
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