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

5 highlights from the Angel Oregon Showcase

The Latest
Thursday, April 23, 2015
IMG 5069BY JACOB PALMER | DIGITAL NEWS EDITOR

The entrepreneurial spirit was alive and well at the Oregon Angel showcase, an annual event for angel investors and early stage entrepreneurs.


Read more...

5 ways successful people kickstart the day

The Latest
Thursday, April 02, 2015
coffeethumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Are mornings the most productive part of the day?  We ask five successful executives how they get off to a good start.


Read more...

Man for All Seasons

May 2015
Monday, April 27, 2015
BY LINDA BAKER

A longtime technologist and entrepreneur, Dwayne Johnson, 53, is managing partner of PDXO/GlobeThree Ventures, a strategy and business consultancy in Portland.


Read more...

A Future Uncertain

Guest Blog
Thursday, May 21, 2015
norristhumbBY JASON NORRIS | GUEST BLOGGER

Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise. As a fiduciary, investment advisors need to be focused on both sides of the coin.


Read more...

The Good Hacker

May 2015
Friday, April 24, 2015
BY CHRIS HIGGINS

As digital security breaches skyrocket, a cybersleuth everyman takes center stage.


Read more...

Picture This

May 2015
Monday, April 27, 2015
BY JACOB PALMER

As a general rule, the more people with autism can be provided with visual cues, the better they will be able to understand and manage their environment. It’s a lesson Tom Keating learned well. The 61-year-old Eugene grant writer spent 31 years taking care of his autistic brother James, and in the late 1980s developed a spreadsheet that created a series of nonsense characters that grew or shrank depending on how much money James had in his account. 


Read more...

Energy Stream

May 2015
Monday, April 27, 2015
BY LINDA BAKER

Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers. 


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