Tax credit auction

Oregon Film and Video Tax Credit Auction 

We are holding an online tax credit auction with the Film and Video Office for 921 increments of $500 tax credit certificates. This auction runs Monday, December 9, 2024 through Wednesday, December 11, 2024 with funds going to the Oregon Production Investment Fund.

Individuals and businesses with an Oregon income tax liability may bid on the certificates and claim the credits on 2024 Oregon tax returns. Any amount not used on your 2024 return can be carried forward up to three years. You can't transfer the credits to anyone else.

The bidding has ended. If you submitted a bid, make sure to submit a Form OR-TCA and payment by 5 p.m. PST December 20. 

The minimum discount percentage is 90 percent of the credit value. Therefore, the minimum bid amount for each $500 credit increment is $450.

Auctions Update

The Oregon Film and Video tax credit auction will be the only tax credit auction held. The Oregon Opportunity Grant is no longer funded through a tax credit auction. If you wish to participate in a tax credit auction, be sure to place a valid bid for the Oregon Film and Video tax credit auction.

Bidding tips

• The earlier you bid, the better. If there's a tie, the earliest bid wins.
• Bid as many times as you like. If you submit multiple bids, we will issue certificates for all winning bids. You can't change your bid once it's submitted.
• You must bid at least $450 per increment.
  

Deadline

After placing your bid, deliver the following to our offices by 5 p.m. PST, December 20, 2024:

• Payment for full amount of bid; and
• A completed Tax Credit Auction form.

Submit a separate form and full payment for each bid. Payment must be a cashier's check, certified check, or money order made payable to Oregon Department of Revenue.

See the Tax Credit Auction form and instructions for mailing and contact information. You may call to schedule an appointment if you plan to submit your form and payment in person.

If your bid isn't successful, we'll return your payment to the address you provide on the form.

Your bid will be invalidated if:

• Your payment and form are late.
• Your payment isn't for the full amount or doesn't match your bid amount.
• You don't include the form with your payment, or the form is incomplete.

Certificates and unsuccessful bids

Note: Contributions are not deductible on your Oregon return.