Oregon and Washington Tax Comparison Sheet

Page 1

PORTLAND - VANCOUVER Tax Comparison 2018

wfgnationaltitle.com

TAX

CLARK COUNTY, WASHINGTON

WASHINGTON COUNTY, OREGON

MULTNOMAH COUNTY, OREGON

CLACKAMAS COUNTY, OREGON

Corporate Income (Excise) Tax

None

6.6% for taxable income of $1 million or less, and 7.6% for taxable income greater than $1 million

6.6% for taxable income of $1million or less, and 7.6% for taxable income greater than $1 million

6.6% for taxable income of $1 million or less, and 7.6% for taxable income greater than $1 million

Corporate Alternative Minimum Tax

None

Tax is calculated on Oregon sales and ranges from $150$100,000, approx. 0.1% of sales by entity

Tax is calculated on Oregon sales and ranges from $150$100,000, approx. 0.1% of sales by entity

Tax is calculated on Oregon sales and ranges from $150$100,000, approx. 0.1% of sales by entity

B&O Tax (State)

Manufacturing and Wholesaling 0.484%; Retailing 0.471%; Services 1.5% on gross receipts

N/A

N/A

N/A

B&O Tax (Local)

Not imposed in Clark County

N/A

N/A

N/A

Personal Income Tax

None

Up to 9.9% of taxable income; ranges from 5.00%-9.90%

Up to 9.9% of taxable income; ranges from 5.00%-9.90%

Up to 9.9% of taxable income; ranges from 5.00%-9.90%

Business License Fee

$125 + $90 per FTE (for up to 400), annually (City of Vancouver)

2.2% of net business income, $100 minimum, annually (City of Portland)

$75 for 0-4 employees and $8.50 per additional employee, annually (City of Beaverton)

$55-$240 annually, depending on number of employees (City of Tualatin)

Sales Tax (State and Local Combined)

8.40%

None

None

None

Transit District Tax

None

0.7537% flat rate payroll tax for businesses with TriMet Boundary

0.7537% flat rate payroll tax for businesses with TriMet Boundary

0.7537% flat rate payroll tax for businesses with TriMet Boundary

Unemployment Insurance Tax

Average rate of 2.07% on the first $47,300 in wages; Rates range from 0.10%-5.7%

Average rate of 1.97% on the first $39,300 in wages; Rates range from 0.9%-5.4%

Average rate of 1.97% on the first $39,300 in wages; Rates range from 0.9%-5.4%

Average rate of 1.97% on the first $39,300 in wages; Rates range from 0.9%-5.4%

Broken down into three taxes:

Broken down into three taxes:

Broken down into three taxes:

1) Pure Premium averages $1.28 per $100 of payroll

1) Pure Premium averages $1.28 per $100 of payroll

1) Pure Premium averages $1.28 per $100 of payroll

2) 7.4% Premium Assessment fee of the annual total premium for insured employers, 7.6% for selfinsured employers, 8.4% for self-insured employer groups

2) 7.4% Premium Assessment fee of the annual total premium for insured employers, 7.6% for selfinsured employers, 8.4% for self-insured employer groups

2) 7.4% Premium Assessment fee of the annual total premium for insured employers, 7.6% for selfinsured employers, 8.4% for self-insured employer groups

3) Workers Benefit Fund, paid to the state at 2.8 cents per worker hour worked

3) Workers Benefit Fund, paid to the state at 2.8 cents per worker hour worked

3) Workers Benefit Fund, paid to the state at 2.8 cents per worker hour worked

Average rate per $100 of payroll (2016): $1.28

Average rate per $100 of payroll (2016): $1.28

Average rate per $100 of payroll (2016): $1.28

Industrial Insurance Average Rate, per hour worked: $0.6745 Sample Rates by Industry: • Misc. Manufacturing: $0.8028

Workers’ Compensation

• Transportation & Warehousing: $2.1454 • Misc. Professional Services: $0.1916

Average rate per $100 of payroll (2016): $1.97

Provided by third party with no affiliation to WFG National Title Insurance Company and at no cost to WFG National Title Insurance Company.WFG National Title Insurance Company makes no representation that any of the information is current or accurate and does not endorse or otherwise accept responsibility for the information.


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