Known as the Uniform Division of Income for Tax Purposes Act
The act spans §§ 314–314 (252 sections).
Applied in 1 court decision — leading case Atlantic Richfield Co. v. Department of Revenue (1986)
Most recently applied in Atlantic Richfield Co. v. Department of Revenue (April 1986)
1967 c.60 §2; 1969 c.493 §90
The provisions of ORS 314.280 and 314.605 to 314.675 apply to the allocation and apportionment of the income of corporations and nonresident individuals, and do not apply to the income of resident individuals, resident estates, and resident trusts taxable as provided in the Personal Income Tax Act of 1969.
(Controlled Foreign Corporations)
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.