On November 3, Portland area voters approved a graduated personal income tax but rejected a payroll tax that would have been imposed on area employers. The income tax will be imposed on Multnomah County residents and on nonresidents with Multnomah County-source income. Multnomah County is the county in which Portland is located.
Multnomah County Ballot Measure 26-214 imposes a personal income tax on Multnomah County residents’ taxable income and on nonresidents’ taxable income derived from sources within Multnomah County, effective January 1, 2021.
Metro Ballot Measure 26-218 would have imposed a tax on employers with more than 25 employees (other than state and local governments) of up to 0.75 percent of wages, beginning with the 2022 tax year. The tax would have funded transportation improvements. Tri-Met, the region’s public transit agency, already imposes a similar tax on area employers. The measure was overwhelmingly rejected by voters.
If you would like additional information about the new Multnomah County personal income tax, please contact one of our Oregon tax partners: John Gadon, firstname.lastname@example.org, 503.778.2130, or Eric Kodesch, email@example.com, 503.778.2107.
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