Property Tax

Industrial property​ filing

The Department of Revenue assists Oregon counties in the appraisal and valuation of Oregon industrial properties with a real property improvement value of more than $1 million.

"Industrial property" means a facility or property engaged in manufacturing or processing which includes, but is not limited to sawmills, plywood and veneer plants, paper and pulp mills, food processing facilities, bakeries, flour mills, chemical processing operations refineries, breweries, wineries, bottling operation machine shops, metal rolling mills, metal fabrication facilities, smelters, printing and publishing operation, seed processing operations, permanent sand and gravel operations, and electronic and high technology manufacturing operations (OAR 150-306-0100).

"Improvements" or "real property improvements," for determining responsibility for property of more than $1 million, means improvements erected upon, above or affixed to the land but not the land itself. Improvements include, but aren't limited to: yard improvements, buildings, structures, and real property machinery and equipment. Improvements do not include site development and personal property.

Through an account review and transfer process we determine appraisal responsibility for industrial property and provide this information to the county [ORS 306.126(1)(4)].

We determine the value of a property through a physical appraisal and information provided by the taxpayer in the annual filing (ORS 308.411).

Filing require​​ments

State-appraised industrial taxpayers must file a completed Industrial Property Return (IPR) postmarked by March 15th of each year [ORS 308.290(4)]. Starting with the 2016 filing, extensions to the filing deadline are no longer allowed.

Oregon law requires that all costs of real and personal property be reported on the IPR. All information contained in the IPR is held confidential (OAR 150-192-0500).

Some state-appraised industrial property may be exempt from taxation, however, we are still responsible for the appraisal and valuation of the property and a completed IPR is still required.

After we determine the value of a property, we advise the county assessor of its real market value (ORS 306.126).

Refer to the IPR instructions included every year with the forms for more details. Read our tips for industrial property tax assessments for additional information.

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Industrial property forms

Visit our forms and publications center to download industrial property forms.

Taxpayer training

We're offering training on filing your industrial property return on January 30 and February 8. Email our property tax training team​ for more information.​