In December 2012, a US state government announced a targeted tax change.



  • 1 harmful
  • 0 neutral
  • 0 liberalising


Main data from Good Jobs First at The calculation of the value of the preference is online at The job and investment projections are taken from an agreement between Nike, Inc. and State of Oregon signed on December 19, 2012, available online at

Inception date: 01 Dec 2012 | Removal date: 24 Nov 2042

Tax or social insurance relief

In December, 2012, the Oregon state legislature enacted a bill allowing footwear producer Nike to calculate its Oregon taxes based on the single sales factor formula for 30 years. One analysis estimated that this change will reduce the company's tax liability by $2,021,000,000, but also noted that the "estimate is conservative, given that it does not take into account future increases in the company's profits."
More specifically, the group Good Jobs First estimated the 30-year value of the single sales factor deal using the methodology of the Oregon Center for Public Policy (OCPP), which calculated Nike's Single Sales Factor savings in 2006, and applied updated figures for Nike's profits and for the state's corporate tax rate. 
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.