A number of new bills passed in both Oregon and Washington in the last election cycle. Heading into the 2021 tax season is a good reminder to review state and local taxation. Perkins & Co has published a tax comparison chart which outlines state and local taxes or assessments for Clark County, Washington with Multnomah, Washington, and Clackamas counties in Oregon.
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Whether leasing or purchasing a property, knowing, and comparing the various State, County, and City taxes can help guide your location decision making resulting in a significant impact on your bottom line.
The summary is based on information available as of 1-1-2021. As noted on the document, the information provided is a brief summary of each component and is NOT intended as a tool for compliance. Any actual location decision, whether for an individual or business, should include a thorough analysis of your particular facts with a qualified tax professional.