Section 317.005 – Short title.
This chapter may be cited as the Corporation Excise Tax Law. [Amended by 2005 c.94 §83]
Section 317.010 – Definitions.
As used in this chapter, unless the context requires otherwise: (1) “Centrally assessed corporation” means every corporation the property of which is assessed by the Department of Revenue under ORS 308.505 to 308.674. (2) “Department” means the Department of Revenue. (3)(a) “Consolidated federal return” means the return permitted or required to be filed by a […]
Section 317.013 – Adoption of parts of Internal Revenue Code and application of federal laws and regulations.
(1) Those portions of the Internal Revenue Code, and any other laws of the United States pertaining to the determination of taxable income of corporate taxpayers, are adopted by reference as a part of this chapter. Those portions of the Internal Revenue Code and other laws of the United States have full force and effect […]
Section 317.018 – Statement of purpose.
It is the intent of the Legislative Assembly: (1) To make the Oregon corporate excise tax law, insofar as it relates to the measurement of taxable income, identical to the provisions of the federal Internal Revenue Code, as in effect and applicable for the tax year of the taxpayer, to the end that taxable income […]
Section 317.019 – Application of Payment-in-kind Tax Treatment Act of 1983.
The Payment-in-kind Tax Treatment Act of 1983 (P.L. 98-4, as amended by section 1061 of P.L. 98-369) shall apply in deriving Oregon taxable income under this chapter, notwithstanding that the Act is not part of the Internal Revenue Code. [1985 c.802 §44]
Section 317.021
[1985 c.802 §60; 1987 c.293 §34; renumbered 314.031 in 1993]
Section 317.025 – Omission of previously enacted savings clauses from Oregon Revised Statutes.
The omission from the Oregon Revised Statutes of those statutes which were part of Acts amending the statutes that constitute the source of this chapter and which provided savings clauses for the statutes amended, is not intended as a repeal of them. Such statutes shall, in so far as they are applicable, continue to be […]
Section 317.030 – Effect of chapter.
Nothing in this chapter shall be construed to repeal the present capital stock tax or annual corporation license fee otherwise provided for by law.
Section 317.035 – Effect of subsequent repeal of chapter.
In the event of repeal of this chapter, unless otherwise specifically provided in the repeal, this chapter shall remain in full force for the assessment, imposition and collection of the tax and all interest, penalty or forfeitures which have accrued or may accrue in relation to any such tax for the calendar year in which […]
Section 317.038 – Computation of Oregon taxable history.
(1) Nothing contained in this chapter shall be construed to require a corporation to include an item of income, or to permit a corporation to deduct an expense item, more than once in computing Oregon taxable income. (2) The changes to the corporate excise and income tax laws by chapter 162, Oregon Laws 1983, shall […]