Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 674 - STANDARD EXEMPTION ON TAXABLE ENTERPRISE ZONE PROPERTY
Section 123-674-4000 - Computation of Average Employment
Universal Citation: OR Admin Rules 123-674-4000
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Annual Employment or Existing Employment is calculated such that:
(a) The actual
employment of the firm at the end of each period (for example, pay periods or
calendar months) that concludes during any exemption year or the entire 12
months before Application shall be summed and then divided by the total number
of periods.
(b) Periods shall not
be longer than a quarter of a year, and such quarters shall begin on January 1,
April 1, July 1 and October 1.
(c)
Results are rounded mathematically to a natural number that is not less than
one.
(2) For purposes of determining Existing Employment relative to the submission of the Application:
(a) The time when applicable physical work
began shall be used instead of the submission date, as necessary for situations
when timely submission has been waived.
(b) If such physical work has not yet begun,
an authorized business firm may submit a replacement Application to establish a
lower level of Existing Employment; otherwise, the number from the original
submission date stands.
(c) The
Firm/applicant may correct for a miscalculation by amending the Application
under ORS 285C.140(3)
consistent with OAR 123-674-3200, including but not
limited to erroneously counting of part-time, temporary, seasonal or ineligible
employees.
(d) After the first
(January-1) assessment date for exemption under ORS
285C.175, Existing Employment
may be altered only to correct for a fundamental mistake, subject to a formal
finding of good cause by the Department.
Stat. Auth.: ORS 285A.075, 285C.060(1) & 285C.140(12)
Stats. Implemented: ORS 285C.140, 285C.200 & 285C.210
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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