Oregon agrees to not charge Facebook extra taxes

| Print |  Email
Must Reads
Friday, February 03, 2012

Gov. John Kitzhaber reached an agreement with Facebook officials to not give the company's Prineville data center a special assessment that could cost hundreds of millions of dollars.

 

On Thursday, Facebook officials met with Gov. John Kitzhaber. The governor signaled he would sign legislation that honored a company's original enterprise zone agreement, said Scott Nelson, the governor's jobs and economy policy adviser.
"Over the course of several months, all of the parties got down to work, and it appears that we have the right combination of things to have a positive outcome here," Nelson said.
The Oregon Department of Revenue also is expected to issue a declaratory ruling that confirms Facebook doesn't fall within the definition of a communication company the state is required to assess.
Lawmakers are considering legislation that would exempt companies that own or lease a data center in enterprise zones from having their value assessed by the Department of Revenue.

Read more at The Statesman Journal.

{biztweet}facebook oregon{/biztweet}

 

 

More Articles

Justice for All

January-Powerbook 2015
Thursday, December 11, 2014
BY JESSICA RIDGWAY

Lawger upends the typical hourly based fee model by letting clients determine the cost.


Read more...

Corner Office: Steve Tatone

January-Powerbook 2015
Saturday, December 13, 2014

Seven tidbits about the president and CEO of AKT Group.


Read more...

Dan and Louis Oyster Bar opens up to a changing neighborhood

The Latest
Thursday, December 11, 2014
121114-oystervidBy MEGHAN NOLT

VIDEO: Revamping a Classic — an iconic eatery stays relevant in a changing marketplace.


Read more...

The city as startup

Guest Blog
Wednesday, January 14, 2015
011415 citystartup-thumbBY NISHANT BHAJARIA | OP-ED CONTRIBUTOR

Startups in the growth phase are associated with a fresh infusion of capital — human and financial — a curiosity factor and products to disrupt the market and drive demand. Portland’s economy gives off the same aroma.


Read more...

Convention Wisdom

February 2015
Monday, January 26, 2015
BY KIM MOORE

After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.


Read more...

5 companies react to lower fuel prices

The Latest
Thursday, January 15, 2015
thumb-shutterstock 233787049BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Consumers love the savings they get from low oil prices, but how has business been affected?


Read more...

Transportation Fairness Alliance holds demonstration in Pioneer Square

The Latest
Wednesday, January 14, 2015
IMG 3367BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Portland's cab companies urged city hall for consideration as officials weigh new rules for Uber and other ridesharing companies.


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