Oregon Statutes 462.100 – License fee and tax in lieu of all others; exception
Current as of: 2023 | Check for updates
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(1) The State of Oregon hereby preempts the imposition of taxes on or measured by income on, and the regulation of, race meets.
Terms Used In Oregon Statutes 462.100
- City: includes any incorporated village or town. See Oregon Statutes 174.100
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Race: includes races conducted without wagering, provided one or more races in the meet are conducted with wagering. See Oregon Statutes 462.010
- Race meet: means any exhibition of animal racing where the mutuel system is used in conjunction with any race. See Oregon Statutes 462.010
(2) Except for taxes levied under ORS § 267.010 to 267.394, the license fee and tax provided in this chapter for a race meet licensed thereunder shall be in lieu of:
(a) All other licenses and privilege taxes or charges by the state or any county, city or other municipal corporation; and
(b) All other taxes on or measured by income imposed by any county, city or other municipal corporation. [Amended by 1973 c.583 § 1; 1987 c.655 § 1]