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The City of Portland, Oregon

Office of Management & Finance

Revenue Division

Arts Tax: 503-865-4278

Business Taxes: 503-823-5157

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

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Proposed Business License Tax Changes - April 2018

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The Mayor’s fiscal year 2018-2019 Proposed Budget proposes to amend the Portland Business License Law (Portland City Code Chapter 7.02) by: 

  • Increasing the Owner’s Compensation Deduction to $125,000 per owner (from the current $103,500)

  • Increasing the tax rate to 2.6% (from the current 2.2%) 

This proposal would raise $15.6 million in business income taxes on approximately 29,000 taxpayers and lower taxes by a total of $300,000 for approximately 1,600 other taxpayers. This proposal will raise $15.3 million in ongoing net revenue for the City’s General Fund. Review the Taxpayer Impact Analysis for the proposed changes to the Portland Business License Law.

To estimate the impact of this proposed change to your business, select the appropriate calculator and instructions below based on your most recently filed City of Portland Business Income Tax return (Combined Tax Return). 

Sole Proprietors
(Form SP-2017 filers)
C-Corporations
(Form C-2017 filers)
S-Corporations 
(Form SC-2017 filers)
Partnerships and LLCs
(Form P-2017 filers)
Instructions

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Instructions

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Instructions

Calculator
Instructions

Calculator

Trusts and Estates (Form E-2017 filers)

No calculator is available. To calculate the tax that would be due under the proposed tax changes, simply multiply line 21 of your E-2017 by 2.6%.

 

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