ORS § 307.030 : REVENUE AND TAXATION — PROPERTY SUBJECT TO TAXATION; EXEMPTIONS —GENERAL PROVISIONS — Property subject to assessment generally
(1) All real property within this state and all tangible personal property situated within this state, except as otherwise provided by law, shall be subject to assessment and taxation in equal and ratable proportion.
(2) Except as provided in ORS
308.505 to
308.674, intangible personal property is not subject to assessment and taxation.