Oregon
Rule Rule 123-662-2000
Enterprise Zone Business Eligibility


Respective to the standard exemption from property taxes under ORS 285C.175:

(1)

A business firm engaged in Electronic Commerce will likely be eligible in other ways under ORS 285C.135, but it shall not be subject to the requirements or restrictions of those other ways once the enterprise zone is effectively an E-commerce zone.

(2)

If an eligible business firm that originally sought eligibility based on Electronic Commerce does not satisfy that definition, it may still receive authorization and exemption subject to another ways requirements or restrictions, except in an area described in OAR 123-662-1200(4) or (5).

(3)

The following may occur only once the enterprise zone is effectively an E-commerce zone:

(a)

Authorization and qualification of a firm that is eligible only by virtue of Electronic Commerce; or

(b)

Exemption of personal property permissible only under ORS 285C.185(1)(b)(B).

(4)

Property that due to section (3) of this rule does not qualify for exemption by January 1 of the first year, for which a business firm may claim the exemption, is not allowed to qualify later, even if the enterprise zone becomes an E-commerce zone.

(5)

After an areas status as an E-commerce zone effectively ceases, a business firm shall enjoy the following protection for exemption on qualified property respective to Electronic Commerce eligibility, notwithstanding that the firm might be eligible in another way:

(a)

Under ORS 285C.245(1), consistent with applicable elements of OAR 123-674-8100 and 123-674-8200, if for whatever reason the underlying enterprise zone terminates and the location of the qualified property is outside of a subsequent enterprise zone.

(b)

Only under ORS 285C.245(1)(a), consistent with OAR 123-674-8100(1)(b) regardless that the firm was already authorized or qualified, upon:

(A)

Revocation of the zones electronic commerce designation; or

(B)

Termination of the underlying enterprise zone and designation of the location of qualified property in another enterprise zone without electronic commerce status.
Source
Last accessed
Aug. 20, 2019