Home Must Reads Facebook asks for tax exemption

Facebook asks for tax exemption

| Print |  Email
Must Reads
Friday, January 20, 2012

A lobbyist for Facebook told the Oregon Legislature that the company requires property tax exemption for its Prineville data center if it is to stay in Oregon.

In testimony before a panel of lawmakers, a lobbyist for the giant social media company said the Legislature should pass a law that exempts the data center from property taxes assessed by the state because it was promised 15 years of tax breaks. 
Facebook invested heavily in the data center, which stores pages for millions of users of the popular photo- and comment-sharing site, said Corey Owens, who manages state and local policy for the company. The payoff has been dozens of jobs and the potential for more, he said. 
"At that level of investment, we need certainty" on property taxes, Owens said.

Read more at OregonLive.com.

{biztweet}oregon facebook{/biztweet}

 

More Articles

Are millennials reshaping politics in the Pacific Northwest?

News
Wednesday, April 02, 2014

MillennialsThumbA new report explores the impact of millennials on Oregon's business and political climate.


Read more...

Tech makes the world go round

Contributed Blogs
Thursday, March 20, 2014
03.20.14 thumb internetBY JASON NORRIS | GUEST BLOGGER

I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.


Read more...

Wheel man

March 2014
Tuesday, February 25, 2014
BY LINDA BAKER

Les Schwab has put a premium on customer service since 1952, when legendary namesake Les Schwab founded the company with one store in Prineville. (Schwab died in 2007.) But if the corporate principles remain essentially the same, the world around this iconic Oregon business has changed dramatically.


Read more...

Branching out

March 2014
Tuesday, February 25, 2014
DSC04185BY LINDA BAKER

A blueberry bush is a blueberry bush — except when it’s a blueberry tree.


Read more...

The more they change, the more they stay the same

March 2014
Tuesday, February 25, 2014
100-best-collageBY BRANDON SAWYER

The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.


Read more...

From the Editor: The human factor

March 2014
Tuesday, February 25, 2014

In this issue, we celebrate our 21st annual 100 Best Companies to Work For in Oregon project.


Read more...

Leader's bookshelf

Contributed Blogs
Friday, March 14, 2014
02.06.14 BooksBY TOM COX | OB BLOGGER

Five books that will make you a better leader.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS