Home Must Reads Oregon agrees to not charge Facebook extra taxes

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

The Scott Kveton affair

News
Wednesday, July 09, 2014
ScottKvetonBY LINDA BAKER | OB EDITOR

Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.


Read more...

Oregon Business wins awards

News
Monday, June 30, 2014

ASBPEOregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.


Read more...

Poll Wrap-Up

News
Friday, August 15, 2014

2014 NewPoll-report-newsletterthumbIn this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...

OB Video: Oregon MESA

News
Thursday, June 26, 2014

ThumbOregon Business hosts an informal roundtable discussion about the Oregon MESA (Mathematics, Engineering, Science Achievement) program.


Read more...

Register for 100 Best Companies survey

News
Wednesday, August 20, 2014
OBM-100-best-logo-2015 150pxwBy Kim Moore | OB Editor

The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.


Read more...

Updated: Disrupting innovation

News
Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


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