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Portland grants tax relief to 10K small businesses

The business license tax exemption will rise from $50,000 to $100,000 by 2027, providing between $200 and $300 in annual relief to qualifying small businesses.

The Portland City Council on Wednesday significantly expanded a tax break for small businesses, which the city hopes will help spur growth and opportunities amid an ongoing economic slump.
The unanimously approved measure increases the pool of compan… [1430 chars]

Source: The Oregonian | Published: 2026-04-09T13:30:00Z

Credit: The Oregonian

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