Business Personal Property Reporting & Assessment

Any assets used to operate a business in Oregon are considered Business Personal Property.  Above a predetermined minimum total value, such property is assessed based on a published schedule of depreciation that reflects wear and tear from the date of acquisition through the date of filing.

Personal property, by Oregon law, is taxable in the county where it is located as of January 1st at 1:00 am. Each individual, partnership, firm, or corporation that possesses taxable personal property must file a Confidential Business Personal Property Return by March 15th.

There is no provision in the law for extensions.
If you have any questions, please call (541) 396-7916 or (541) 396-7900