The Oregon Department of Revenue will once again be conducting a tax credit auction for the Oregon Production Investment Fund (OPIF) in July. The auction is open to all Oregon tax payers. The total amount of tax credits to be auctioned this year will be $12 million.
We wanted to let you know of the Oregon Department of Revenue’s plans to conduct a tax credit auction for the Oregon Production Investment Fund (OPIF) in July. The total amount of tax credits to be auctioned will be $10,000,000. This is the largest amount that we have had available to date, so it will be a good opportunity for people to be able take advantage of the tax credits. The process will be exactly the same as the successful auction conducted last October. Continue reading... “2014 OPIF Tax Credit Auction Announced for July 9-18”
As a result of the legislation passed this year, Oregon’s Department of Revenue will be conducting another tax credit auction for the Oregon Production Investment Fund.This time the total amount of tax credits to be auctioned will be $4,000,000.The process will be exactly like the successful auction conducted in July.It’s important to know that there is only time for one more OPIF auction this year so we will be working hard to make sure all $4,000,000 sells out in the designated time frame.
The Oregon Department of Revenue in conjunction with the Oregon Film & Video Office will be auctioning off $6million worth of tax credit certificates beginning July 8. Proceeds from this auction will benefit the Oregon Production Investment Fund. This fund is an important tool in recruiting film and television production to Oregon. The auction will conclude on July 17. All bids will not be considered final until bankable funds have been received by the Oregon Department of Revenue. The funds must be received by July 24. Continue reading... “Oregon Production Investment Fund Tax Credit Auction – July 8-17”