Ordinance No. 20473 - Laserfiche WebLink

Home Browse Search

(a) If joint Oregon taxable income is $22,000 or less, then the taxpayer is exempt from this tax. (b) 0.35% if joint Oregon taxable income is between $22,001 and $35,000; (c) 0.47% if joint Oregon taxable income is between $35,00'1 and $50 1 000; (d) 0.75% if joint Oregon taxable income is between $50,001 and $75,000; and (e) 1.20% if joint Oregon taxable income is more than $75,000. (3) For single filers, the tax shall consist of a graduated tax of: (a) If single Oregon taxable income is $11,000 or less, then the taxpayer is exempt from this tax. (b) 0.35% if single Oregon taxable income is between $11 ;001 and $17 (c) 0.47% if single Oregon taxable income is between $17,501 and $25,000; (d) 0.75% if single Oregon taxable income is between $25,00'1 -and $37,500; and (e) 1.20 % -if single Oregon taxable income is more than $37;500. ' (4) For residents who receive_ Oregon .PERS or federal, retirement benefits plus income. from other sources, the income from other sources shall be subject to th income tax. The tax brackets shall be determined. -based on Oregon taxable income including Oregon PERS and' federal retirement benefits, but the tax owed shall be based on Eugene. income. The intention is that residents who have the same ' Oregon taxable income before ' any Eugene adjustments should pay the same tax rate, even though for some residents, a portion of their-inc . o I me is exempt from the city income tax. 2.2012 Individuals Required to File Tax Returns Every resident who is required to file an Oregon income tax return is required to file a return fdr the city income tax. Nothing contained in this section shall preclude the finance officer from requiring any individual to file a return when, in� the judgment of the finance officer, a return should be' filed. 21014 Proration of Eugene Ad' ysted Income for Part -Year Residents If a taxpayer is a part-year resident of the city for the tax year at issue; the Eugene adjusted income shall be prorated based upon the number of days of" residency within the city within the taxable year. 2.2016 Return Due Date; Extensions. (1) Tax returns shall be on forms provided or approved by the finance.. officer. All tax returns shall be filed, together with the specified tax by the fifteenth day of the fourth month following the end of the taxpayer's tax year. If the due date falls on a weekend or holiday, the due date shall be the first business day following the weekend or holiday. Ordinance - Page 3 of 7