taxes

Oregon



Oregon has three income tax rates: 5 percent, 7 percent and 9 percent. Oregon taxpayers can subtract from their state taxable income some or all of the federal tax they paid. More on Oregon taxes can be found in the tabbed pages below.

Income
Sales
Property
Estate
Other
Personal income tax
Oregon collects state income taxes using a progressive, three-bracket system.

For single taxpayers and married couples filing separate returns:
-- 5 percent on the first $2,850 of taxable income.
-- 7 percent on taxable income between $2,851 and $7,150.
-- 9 percent on taxable income of $7,151 and above.

For married couples filing jointly, qualifying widow or widower and head-of-household taxpayers, the rates remain the same but the tax brackets are doubled.
 Oregon personal income tax returns are due on April 15 or the next business day if that date falls on a weekend or holiday.
 Oregon allows some taxpayers who qualify as domestic partners to claim a subtraction from state income.
Sales tax
Oregon has no sales tax.
Personal and real property taxes
County assessors administer the assessment of most property. The Oregon Department of Revenue appraises certain large industrial sites for the counties. Each county assessor prepares his or her county's assessment roll, which is a listing of all taxable property as of Jan. 1 of each year.
Property subject to taxation includes all privately-owned real property (land, buildings, and fixed machinery and equipment) and personal property used in a business.
There is no property tax on household furnishings, personal belongings, automobiles, crops, orchards or business inventories.
Some Oregon citizens might be eligible for deferral of property taxes on their residences. In these cases, the state will pay the property taxes, but will place a lien on the property and charge deferred lien fees. More information can be found here.
Inheritance and estate taxes
Oregon has an inheritance tax that that is levied on the value of the assets of the decedent.
An estate containing property that continues to earn income or incur expenses after the decedent's death may be required to file an Oregon estate income return.
Oregon fiduciary income tax forms and instructions, as well as links to additional information on the state's inheritance and estate taxes, can be found here.
Other Oregon tax facts
Oregon offers taxpayers, both individual and business, a wide variety of tax credits. They include:
The complete list of Oregon tax credits can be found here.
Oregon does not tax intangible property such as stocks, bonds or bank accounts.
For more information, residents may contact the Oregon Department of Revenue at (503) 378-4988 or at its Web site.
To download tax forms on this site, you will need to install a free copy of Adobe Acrobat Reader. Click here for instructions.
  

-- Updated: Feb. 4, 2008

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