Or. Admin. Code § 150-317-0380

Current through Register Vol. 63, No. 12, December 1, 2024

Section 150-317-0380 - Taxes on Net Income or Profits Imposed by any State or Foreign Country

For purposes of ORS 317.314, "net income" is income subject to taxation after allowable deductions and exemptions have been subtracted from gross or total income. This rule shall apply to all taxable years which are open to examination.

Or. Admin. Code § 150-317-0380

RD 12-1984, f. 12-5-84, cert. ef. 12-31-84; RD 11-1988, f. 12-19-88, cert. ef. 12-31-88; REV 2-2014, f. & cert. ef. 7-31-14; Renumbered from 150-317.314, REV 68-2016, f. 8-15-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 317.314