Oregon has statutory provision for automatic adjustment of tax brackets to the rate of inflation. For joint returns, the taxes are twice the tax imposed on half the income. Residents may obtain downloadable personal income tax forms and publications from the Oregon Department of Revenue's Web site.
Personal property is taxable in the county where it is located as of the assessment date.
Oregon does not grant homeowners a homestead exemption. Low income senior citizens are given full property tax relief with 6 percent simple interest due when the property is sold or the resident passes away. Property owned by public utilities, however, is taxed. There is no inheritance and limited Oregon estate tax related to federal estate tax collection. Bankrate Inc. All rights reserved.