To derive Oregon taxable income, federal taxable income shall be modified to reverse the effect of section 631 of the Internal Revenue Code.
ORS 317.362
Known as the Corporation Excise Tax Law
The act spans §§ 317–317 (261 sections).
Applied in 2 court decisions — leading case Smurfit Newsprint Corp. v. Department of Revenue (2000)
Most recently applied in Smurfit Newsprint Corp. v. Department of Revenue (January 2000)
1983 c.162 §27
Official source: Oregon State Legislature. Reproduced from public-domain Oregon statutes; confirm against the official source for the current text. Not legal advice.