This division of administrative rules:
(1) Specifies procedures and criteria for
certification under the Oregon Investment Advantage Act to exempt
the business income of qualified facilities from State income or corporate
excise taxation under ORS
in order to spur investments in new Oregon operations with new full-time
employees (earning certain average wages and minimum compensation levels) at
qualifying facilities in counties exhibiting the worst per capita incomes and
unemployment rates statewide.
Does not control or bind the Department of Revenue and is superseded by OAR
chapter 150 in matters related to tax administration.
Or. Admin. R.
EDD 17-2002, f. 11-27-02,
cert. ef. 12-2-02; EDD 9-2005, f. & cert. ef. 11-4-05; EDD 1-2009, f.
2-23-09, cert. ef. 2-24-09; OBDD 5-2010, f. 1-29-10, cert. ef. 2-1-10;
Renumbered from 123-155-0000, OBDD 1-2011, f. & cert. ef. 1-3-11; OBDD
4-2011, f. 8-31-11, cert. ef. 9-1-11;
5-2016, f. & cert. ef.
12-2017, amend filed 11/29/2017, effective
13-2020, amend filed 08/12/2020, effective
Statutory/Other Authority: ORS
Statutes/Other Implemented: ORS
- 285C.506, 316.778 & 317.391