Fewer than 15 minutes to complete.
Don't close the business tax account if:
- There is contract (installment) sales from the sale of the business. This income is considered continuing business income and will require annual filings.
- A taxfiler owns real property and intends to rent or lease it to others.
- The business performs services inside Portland and/or Multnomah County.
- The business provides services to customers who live in Portland and/or Multnomah County.
1) Download and fill out the Out of Business Notification form
When we receive notification that your business is no longer operating, we will make the necessary notations on your account(s). However, you are still required to file a final business tax return for the year in which you stopped doing business. Remember to check the "Final Return" checkbox (or "Ceased Business" checkbox on older year forms) on your final tax return.
2) Submit the form to us
The Out of Business Notification form may be submitted with your final tax return or sent to us separately. If sending the form separately, you can submit it to us:
By mail
Mail your completed Out of Business Notification form to:
Revenue Division
111 SW Columbia St., Suite 600
Portland, OR 97201-5840
United States
By fax
Fax your completed Out of Business Notification form to:
503-823-5192
In person
Bring your completed Out of Business Notification form to:
Revenue Division
111 SW Columbia St., Suite 600
Portland, OR 97201-5840