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Property Tax Resources

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Oregon Property Tax Updates

UPDATED september 2019

Construction in Process Exemptions Require Strict Statutory Compliance

A company that is building an income producing manufacturing facility, a retail building, or a multifamily project should carefully review the statutes for an opportunity to request the assessor for a construction-in-process (CIP) exemption from property taxes. In Oregon, the CIP exemption is available for a maximum of two years. The exemption must be requested each year between January 1 and April 1. The property must be in the process of construction on January 1 and not in use or occupancy, or in the furtherance of production not less than one year from the time construction commences. Thus, the property must be under construction from January 1 to January 1 – or a full year to qualify for the tax exemption. ORS 301.330. A company that has been approved for an enterprise zone exemption may apply for a CIP exemption under ORS 285C.170. The company then must file for the CIP exemption, between January 1 and April 1, after the “assessment year” (calendar year starting on January 1 and ending on December 31) in which the property is placed in service for the enterprise zone exemption from the assessor. In a July 2019 unpublished decision before the Oregon Tax Court, United Street Car LLC v. Dept. of Revenue, the court addressed the timing of these exemptions and legislative intent behind the statutes.


Cynthia Fraser
Garvey Schubert Barer, P.C.
American Property Tax Counsel (APTC)

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