add_action('wp_head', function(){echo '';}, 1);{"id":4184,"date":"2025-01-20T11:44:46","date_gmt":"2025-01-20T11:44:46","guid":{"rendered":"https:\/\/santiceramics.com\/?p=4184"},"modified":"2025-12-02T23:43:02","modified_gmt":"2025-12-02T23:43:02","slug":"current-tax-and-contribution-rates-business-2","status":"publish","type":"post","link":"https:\/\/santiceramics.com\/?p=4184","title":{"rendered":": Current Tax and Contribution Rates : Business Employer Resources : State of Oregon"},"content":{"rendered":"
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In Oregon, the average property tax rate as a percentage of assessed home value is 0.77% according contribution margin<\/a> to the Tax Foundation. Oregon\u2019s income tax brackets are high compared to most other states, and the state taxes most types of retirement income. Taxpayers have several official methods for submitting their completed Oregon income tax return.<\/p>\n Taxpayers who are blind or over 65 get an additional standard deduction of $1,200 for single filers and $1,000 per qualifying person for those filing a joint return. Forty-four states levy a corporate income tax, with top rates ranging from a 2.25 percent flat rate in North Carolina to a 11.5 percent top marginal rate in New Jersey. Employers and payroll departments should ensure that withholding reflects the correct rates and brackets for 2025. New residents should update their withholding forms to avoid surprises at tax time. While there is no statewide sales tax, some local jurisdictions impose specific, narrowly defined taxes that can resemble sales taxes.<\/p>\n Its property taxes are also below average when compared to other states. For details about mortgages in the state, including rates and specifics about each county, check out our comprehensive Oregon mortgage guide. Beyond federal income taxes, your employer will also withhold Social Security and Travel Agency Accounting<\/a> Medicare taxes from each of your paychecks. Social Security tax is withheld at 6.2% and Medicare tax at 1.45% of your wages. Your employer then matches those amounts, so the total contribution is double what you paid.<\/p>\n The state uses a four-bracket progressive state income tax, which means that higher income levels correspond to higher state income tax rates. For 2024, single filers and married couples filing separately with more than $125,000 in taxable income have to pay that top rate. That income threshold is doubled for married people filing together and heads of household. Oregon has a graduated state individual income tax, with rates ranging from 4.75 percent to 9.9 percent. tax rate in oregon<\/a> There are also jurisdictions that collect local income taxes, with high taxes in the Portland Metro area. Oregon has a graduated corporate income tax, with rates ranging from 6.6 percent to 7.6 percent.<\/p>\n
<\/p>\nOregon Paycheck Calculator<\/h2>\n
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Tax Season Oregon Tax Tables<\/h2>\n
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<\/p>\nState Business Taxes in Oregon<\/h2>\n