Business Tax Policies

Introduction

A policy is a written guideline provided to taxpayers to explain procedures or provide guidance in particular fact situations. 

The terms "City" or "County", as used in policy examples, shall include and may be substituted for the other jurisdiction, unless the policy only interprets a code section unique to one jurisdiction.

Policies are not law nor are they subject to public hearing as are the administrative rules. However, in some cases, the policy is referred to and supported by the Business License Law and the Business Tax Law (e.g., 7.02.600 C. 2. regarding LLC members).

All official policies adopted by the Revenue Division are reviewed internally before formal adoption by signature of the Director of the Revenue Division. 

Administration

Tax Administration Policy - Application of Payments

Tax Administration Policy - Application of Public Law 86-272 to Business Taxes

Tax Administration Policy - Penalty Assessment

Tax Administration Policy - Penalty Waiver Requests

Tax Administration Policy - Refunds

Tax Administration Policy - Returned Check Charge

Tax Administration Policy - Short Tax Year Quarterly Estimated Payment

Tax Administration Policy - Tax Return Due Dates

Tax Administration Policy - Uniform Administration of Portland’s Business License Tax, Multnomah County’s Business Income Tax, and Metro’s Business Income Tax

Tax Administration Policy - Voluntary Compliance

Tax Administration Policy - Your Right To Appeal

Exemptions

Tax Administration Policy - De Minimus Exemption

Tax Administration Policy - Exemption for Certain Foster Care Payments

Tax Administration Policy - Exemptions for Certain Farming Activities

Tax Administration Policy - Filing Exemption for Ministers

Income

Tax Administration Policy - Apportionment of Royalty Income

Tax Administration Policy - Entity Level Assessment of Tax Liability (for tax years beginning on or before 12/31/2019)

Tax Administration Policy - Real Estate Brokers with Separate Business Activity (Including Residential Rentals)

Tax Administration Policy - Reporting of Income from Pass-through Entities

Tax Administration Policy - Tenants in Common (TIC), Joint Ventures (JV) and Other Forms of Joint Ownership Tax Assessment (for tax years beginning on or before 12/31/2019)

Tax Administration Policy - Treatment of Business Income for Nonresident Individuals

Deductions

Tax Administration Policy - Compensation Deduction for Sole Proprietor Spouses

Tax Administration Policy - Federal Health Care Premium Credit

Tax Administration Policy - Limited Liability Company (LLC) and Limited Liability Partnership (LLP) Owners Compensation Deduction

Tax Administration Policy - Net Operating Loss Carryforwards Disallowance and Allowance for Entity Changes

Tax Administration Policy - Partnership Basis Adjustments

Tax Administration Policy - Passive Activity Loss Limitations

Residential Rental Registration

Tax Administration Policy - Residential Rental Registration Fee and Jointly Owned Properties