File for the Oregon Food Processing Property Tax Exemption Before Year-End

File for the Oregon Food Processing Property Tax Exemption Before Year-End

Qualified machinery and equipment (M&E) placed in service in Oregon during 2018 may be eligible for a five-year property tax exemption, applicable to tax years beginning on or after July 1, 2019. Real and personal property used in business—including machinery, equipment, and other tangible items—is generally subject to tax in…