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TILLAMOOK COUNTY FAIR - 100 YEARS OF PIG N'FORD
Wednesday, August 6, 2025 at 10:00 am
The Tillamook County Fair received its recognition as one of the top ten Blue Ribbon Fairs in the nation due to its uniqueness; offering so much for fairgoers to enjoy free along with their paid admission. Fairgoers can enjoy all of the Open Class and 4-H/FFA exhibits that Tillamook County residents have prepared the year prior, free entertainment and concerts, live exotic animal displays, and a whole lot more! FOR MORE INFORMATION tillamookfairoffice@gmail.com (M-F, 8 AM-5 PM) at (503) 842-2272. Reminders: NO OUTSIDE FOOD OR DRINK All bags are subject to search For the safety of all present, only trained service animals are permitted to enter Fairgrounds property. A trained service animal is any guide dog, signal dog, or other animal individually trained to do work or perform tasks for people with disabilities.
4603 East 3rd Street Tillamook, OR, 97141


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Updates to Pass-Through Entity Elective Tax
SALT deduction included in the 2017 federal Tax Cuts and Jobs Act

New updates about the Pass-Through Entity Elective (PTE-E) tax are available on the Oregon Department of Revenue website, including additional frequently asked questions, step-by-step examples of how to file PTE-E returns, and schedules that make filing easier and faster.

In July 2021, Oregon established a Pass-Through Entity Elective (PTE-E) Tax, a business alternative income tax in response to the $10,000 cap on the federal State and Local Tax (SALT) deduction included in the 2017 federal Tax Cuts and Jobs Act.

For tax years beginning on or after January 1, 2022, entities taxed as S corporations and partnerships may elect annually to be subject to the PTE-E tax at a rate of 9 percent tax on the first $250,000 of distributive proceeds and 9.9 percent tax on any amount exceeding $250,000.

A D V E R T I S E M E N T

A D V E R T I S E M E N T

The department's latest web updates answer the most common questions from tax preparers, who are starting to file PTE-E returns as the tax filing season begins.

The department provides an Excel spreadsheet that can be used to speed up filing of the OR-21. The data on the spreadsheet will populate to the OR-21-MD and the OR-21-MD-PT forms used in PTE-E tax filing.

The updates were posted this week on the department's PTE-E web page. For PTE-E questions contact: BusinessAlternative.IncomeTax@dor.oregon.gov.


--Ritch Hanneman

Post Date: 2023-02-05 11:12:41Last Update: 2023-02-03 22:05:27



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