$382M in wages eligible for Gain Share program

| Print |  Email
Must Reads
Wednesday, April 03, 2013

Intel and Genentech generated about $382 million in wages that are eligible for a program that shares income taxes with counties that offer businesses property tax abatement.

Gain Share, passed by the state legislature in 2007, is a program in which local jurisdictions waive property taxes for some businesses on capital projects in return for an equal split of state income taxes generated by those investments.

Intel and Genentech reported that abatement helped them to create or save about 15,000 jobs during [2011-2012].

Read more at OregonLive.com.

{biztweet}gain share{/biztweet}

 

More Articles

Unshakable

September 2015
Wednesday, August 19, 2015
BY BRIAN LIBBY

Ben Kaiser holds his ground.


Read more...

Aim High

September 2015
Thursday, August 20, 2015
BY JOE CORTRIGHT

We get the education we deserve.


Read more...

Living the dream

News
Friday, August 21, 2015

smugglespearsthumbRenee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.


Read more...

Reader Input: Fair Play

May 2015
Wednesday, July 15, 2015

Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.


Read more...

Ranking the airlines that fly PDX

The Latest
Friday, August 14, 2015
airlinesthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

17 airlines make stops at Portland International Airport, but not all are created equal when it comes to customer service.


Read more...

House of Clarity

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Holding a Power Lunch at Veritable Quandary in downtown Portland.


Read more...

Brain Storm

July/August 2015
Monday, July 13, 2015
BY CAMILLE GRIGSBY-ROCCA

Can the brave new world of neurotechnology help an OHSU surgeon find a cure for obesity?


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