Skip to Main Content View Text-Only

Office of Management & Finance

Revenue Bureau

Revenue is being re-organized under the Bureau of Revenue and Financial Services.

Phone: 503-823-5157

Arts Tax: 503-865-4278

111 SW Columbia St, Suite 600, Portland, OR 97201

More Contact Info

Learn About Exemptions

What is an exemption? (Business tax laws: PCC 7.02.400 and MCC 12.400)

Certain taxpayers are exempt under the Portland and Multnomah County business tax codes, policies and rules. These exemptions include:

  • Business income less than $50,000 from all business receipts everywhere
  • Real estate brokers working under the supervision of a primary broker
  • Individuals whose only income is
    • Wages,
    • Gain on sale of primary residence,
    • Gain on sale of personal property acquired for personal or household use, and
    • Investment earnings (if not part of a business)
  • Corporations exempt from the Oregon Corporation Excise Tax under ORS 317.080 (generally not-for-profit corporations)
  • Trusts exempt from Federal income tax under IRC § 501
  • Persons whose only business activity is raising or harvesting the person's own crops or livestock
  • Persons who operate a display booth in a permanent structure for less than 14 days in a tax year 

Annual Exemption Request Form

What if I'm exempt?

In order to be granted an exemption, you must file the Annual Exemption Request form (or file online) and provide supporting tax documents. Once you verify your exemption, no money is due.

 

What if I'm exempt but don't file?

The Bureau will ask you to file a return.  If nothing is filed, a Civil Penalty is assessed and collection activities will begin. 

The Annual Exemption Request form is simple to complete, and required supporting documents prepared with your Federal and State tax returns.