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

Books Rule

October 2014
Thursday, September 25, 2014
BY JON BELL

Powell's stays relevant in the digital age.


Read more...

Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

Downtime

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

I'm not very interesting,” says a modest Ray Di Carlo, CEO and executive producer of Bent Image Labs, an animation and visual effects studio.


Read more...

October surprise

News
Sunday, October 12, 2014
roundup-logo-thumb-14BY LINDA BAKER

Cylvia Hayes, tabloid vs. watchdog journalism and the looming threat of a Cascadia earthquake.


Read more...

Launch

October 2014
Thursday, September 25, 2014
BY JESSICA RIDGWAY

October's Launch article features Soul Kitchen, Easy Company and Slick's Big Time BBQ.


Read more...

The 100 Best Companies survey is open

News
Friday, October 24, 2014

100-best-logo-2015 500pxw-1How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!


Read more...

Back to School

September 2014
Wednesday, August 27, 2014
BY LEE VAN DER VOO

By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.


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