The income tax rate varies. Everyone pays 5% on their Oregon taxable income, then it goes up to 7% once you exceed a certain amount (which is adjusted each year), then finally it tops out at 9% once your taxable income exceeds a certain amount. There's no special tax rate for capital gain (although there's a break on capital gain for qualifying farmers).
Oregon also has taxes on real property and fuel. It does not have personal-use personal property (i.e. cars) tax or sales tax (yet, we'll see if some people have their way).
Yes! The Oregon (OR) sales tax rate is currently 0%.
There is no sales tax in the state of Oregon.
No one pays sales tax in Oregon.
Oregon Tax Court was created in 1962.
literacy rate read and write at age 15 in Oregon
Property Taxes are taxes paid on property owned. In the state of Oregon Property taxes pay for schools and many other public services. The tax is based on an apraised value of the property. Oregon has a high property tax rate but are still one of the few states without a sales tax.
Each state and many counties have their own sales tax rate. The tax on used cars is most often at the same rate as general merchandise. That rate is easy to find out -- it is posted in most store and is available online in most counties. Several states have no sales tax. These include New Hampshire and Oregon.
After Tax Profit = Pretax Profit * (1 - Tax Rate) Solve for Tax Rate Tax Rate = 1 - (After Tax Profit/Pretax Profit)
The progressive tax rate is one where the tax rate increases as the taxable rate, or income, is increasing.
OREGON DEPARTMENT OF REVENUE has written: '2007 OREGON INDIVIDUAL INCOME TAX GUIDE' 'Western Oregon timber severance tax' -- subject(s): Forests and forestry, Law and legislation, Severance tax, Taxation
Oregon has the highest recycling rate in the United States, with a rate of around 40%.
Most U.S. states collect sales tax, with a few exceptions such as Alaska, Delaware, Montana, New Hampshire, and Oregon. The specific rate and regulations vary by state and can also include local sales taxes on top of the state rate.