Updated 9/28/2007
Oregon's overall Business Tax Burden is ranked among the three lowest states in the Western U.S. by the Utah State Tax Commission.
| TAX TYPE | TAX RATE |
| Real Property Tax | By law, $10 per thousand assessed value for government and $5 per thousand for education maximum. Assessed values cannot increase by more than 3% per year. |
| Personal Income Tax | 9% maximum on single returns with taxable income >$7,150 & joint returns with taxable income >$14,300 (2007). |
| Corporate Excise Tax | 6.6% of net income on corporations doing business in Oregon. |
| Unemployment Tax | 2.4% of 1st $29,000 of wages per worker. (Statutory amount for new employers) |
| State of Local Sale Tax | None |
| Unitary Tax | None |
| Motor Vehicle Excise Tax | None |
| Telecommunications Tax | None |
| Inventory Tax | None |
| Mass Transit District Tax | 0.6518 % of the wages paid by an employer (2007). |
| Other State or Local Tax | None |
| Range of Combined Property Tax Rates per $1000 assessed value (2006-2007) | $15.4818 - $17.3012 |
Property Taxes
In Oregon, property taxes are collected by counties and are then remitted to the various jurisdictions, such as the city, park district, fire district, school district, Port of Portland. Beaverton is divided into 10 different tax code areas, depending on which agencies levy taxes in each area. For FY 2006-07 the total County-wide property tax rate ranged from $15.48 to $17.30. Of these rates, the City of Beaverton portion is $4.21 per $1,000 of a property's assessed value.
For FY 2006-07, the City's tax rate of $4.21 when applied to Beaverton's total taxable assessed valuation of $6,531,047,930 will produce $26,131,650 in revenues. For more information about the Oregon property tax system, see Washington County Department of Assessment & Taxation.
The $4.21 tax rate is comprised of two components: $3.95 is for general government operations (police, library and street lighting), and $0.26 is for debt service on the new Library Building. The City's general government operations tax levy is subject to the provisions of Measure 50 which established a maximum "permanent" tax rate. The City's maximum permanent tax rate is $4.62 and was based upon a new property tax base approved by our citizens in November 1996. The new tax base will be phased in to fund public safety needs in proportion to the City's population growth. For additional information on the City's property taxes and the FY 2006-2007 budget, please review the Budget Web page
FY 2006-07 detailed tax information is also available by tax codes within Beaverton for all taxing jurisdictions. Beaverton is divided into 10 tax codes, which represent different geographical sections of the City. The detailed information is in a City of Beaverton FY 2006-07 Property Tax Rate Table (PDF)
Source: http://www.beavertonoregon.gov/departments/finance/propertytaxes.aspx
For more information, contact:
Washington County Assessment and Taxation Department
Address: 155 N. First Avenue, Suite 130, Hillsboro, OR 97124
Phone: 503-846-8741
Fax: 503-846-3909
TTY: (503) 846-8601
E-mail: at@co.washington.or.us
Website: http://www.co.washington.or.us/deptmts/at/atmain.htm
State Taxes
Information regarding state income, property, and business taxes, as well as other tax related assistance can be found at the Department of Revenue for the state of Oregon. Please visit http://www.oregon.gov/DOR/index.shtml.
Federal Taxes
Information regarding federal income tax and other tax related assistance on the national level is available through the Internal Revenue Service. Please visit http://www.irs.gov/.
