Download the E-Zone Authorization Application. Additionally, read past the application to the attached instructions, which are very helpful to understand the E-Zone statutory rules.
Download the Written Agreement.
Download the First Source Agreement.
Generally, the process takes between 8-12 weeks. However, the application process may occur at the same time project construction and hiring begins, as long as program requirements are met during these stages and an application is already submitted to PDC.
Typically not. Companies wishing to access the program need to complete a simple, two page pre-certification application prior to breaking ground on new or expanded facilities. It is strongly recommended that pre-certification occur prior to obtaining building permits.
No, the five-year property tax abatement would only apply to the new investment in the E-Zone – this can include tenant improvements that add value to the structure and fixed equipment and/or racking systems. Existing buildings and land would not qualify for the five-year property tax abatement; only the new investment that will be added to the tax rolls.
Yes. Expansion projects for qualifying employers are eligible as long as the employer adds at least 10% to its existing workforce each time the program is used.
Yes. Buildings and equipment are assessed throughout the exemption period, but come back on the tax rolls at a depreciated or appreciated value. During the period that a company participates in the E-Zone, property taxes on real and some personal property are exempted, not deferred.
No, the Legislature, in coordination with cities and counties across Oregon, has structured the E-Zone to ensure that no property (land, buildings, equipment) previously on the tax rolls can be removed through an exemption process. Only new investment qualified by an application process with the local E-Zone Manager, and coordinated with local tax assessor (Multnomah County), can be exempted.
Ultimately, it is your company's decision as to whether or not you would like to participate in the program. However, in exchange for the tax abatement your company receives, you are required to meet program state and program requirements.
No matter how large or small your potential investment, PDC staff can run an estimate of the benefits so that you can determine if you would like to participate in the program.
If you qualify as an E-Commerce company, it would most likely be worthwhile for you to participate in the program if you will have a tax liability and can utilize the E-Commerce Tax Credits. PDC staff can run an estimate of the benefits so that you can determine if you would like to participate in the program.
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