Or. Admin. R. 123-690-6000 - PROPERTY TAX CONTINGENCIES - Other Exemptions

(1) An eligible business firm may seek and receive approval for authorization under ORS 285C.140 according to OAR 123-674, while applying for and being certified under ORS 285C.403, although the zone sponsor and business firm shall clarify and resolve the situation as soon as possible. However:

(a) Any property exempted under ORS 285C.170 or 285C.175, whether in the same or another enterprise zone, may not concurrently or subsequently be exempt under any paragraph of ORS 285C.409(1); and

(b) Any exemption received effectively under ORS 285C.409(1)(a) or (b) could complicate the use of ORS 285C.175.

(2) Therefore, a certified business firm still contemplating either the exemption under ORS 285C.409(1)(c) or the one under ORS 285C.175 might best avail itself of the exemption under ORS 307.330 as applicable during construction at the Facility Site. (See OAR 123-674-6000)

(3) Sections (1) and (2) of this rule do not relieve a taxpayer of any requirement to timely file forms, evidence or notice with the county assessor for purposes of (or to reserve the taxpayer's right to) an exemption on property under ORS 285C.170 or 307.330, as well as 285C.409.

Notes

Or. Admin. R. 123-690-6000

OBDD 29-2010, f. & cert. ef. 6-14-10; OBDD 11-2015, f. & cert. ef. 10/5/2015; OBDD 5-2017, amend filed 11/29/2017, effective 11/29/2017; OBDD 6-2020, amend filed 08/12/2020, effective 8/12/2020

Statutory/Other Authority: ORS 285A.075 & 285C.060(1)

Statutes/Other Implemented: ORS 285C.403, 285C.409 & 285C.420