Section 318.010 – Short title; Department of Revenue to administer chapter.
This chapter shall be known and may be cited as the Corporation Income Tax Act of 1955, and it shall be administered by the Department of Revenue. [1955 c.334 §1]
Section 318.020 – Imposition of tax.
(1) There hereby is imposed upon every corporation for each taxable year a tax at the rate provided in ORS 317.061 upon its Oregon taxable income derived from sources within this state, other than income for which the corporation is subject to the tax imposed by ORS chapter 317 according to or measured by its […]
Section 318.031 – Provisions in ORS chapters 305, 314, 315 and 317 incorporated into corporation income tax law.
It being the intention of the Legislative Assembly that this chapter and ORS chapter 317 shall be administered as uniformly as possible (allowance being made for the difference in imposition of the taxes), ORS 305.140 and 305.150, ORS chapter 314 and the following sections are incorporated into and made a part of this chapter: ORS […]
Section 318.040 – Exempt corporations.
In addition to the corporations exempt from the provisions of this chapter by the incorporation in this chapter of ORS 317.080, there shall also be exempt those foreign corporations whose activities in this state are confined to purchases of personal property, and the storage thereof incident to shipment outside the state, unless such foreign corporation […]
Section 318.060 – Rules and regulations; personnel.
The Department of Revenue is authorized to employ such personnel, and prescribe and prepare such rules, regulations, forms and tables as are necessary to place this chapter in operation. [1955 c.334 §7; 1957 c.528 §5]
Section 318.070 – Disposition of revenue.
The net revenue from the tax imposed by this chapter shall be paid over to the State Treasurer and held in the General Fund as miscellaneous receipts available generally to meet any expense or obligation of the State of Oregon lawfully incurred. A working balance of unreceipted revenue from the tax imposed by this chapter […]
Section 318.074 – Disposition of revenue from tax imposed at increased rate; estimate.
(1) For tax years beginning on or after January 1, 2013, and before January 1, 2017, any revenue that is received as a result of a rate of tax above 7.5 percent imposed under this chapter and that is in excess of the revenue that would be received under this chapter at a rate of […]
Section 318.106 – ORS 317.151 as part of chapter.
ORS 317.151 is incorporated into and made a part of this chapter. [1985 c.695 §4; 2009 c.33 §29]
Section 318.130 – ORS 317.329 as part of chapter.
ORS 317.329 is incorporated into and made a part of this chapter by reference. [1985 c.802 §21d; 2009 c.33 §30]