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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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Taxpayer Impact Analysis to the Proposed Changes to the Business License Law

The Mayor’s fiscal year 2018-2019 Proposed Budget was released on April 30, 2018. It 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) and increasing the tax rate to 2.6% (from the current 2.2%). Review the Taxpayer Impact Analysis, and calculate how it may affect your business.