Each partnership transacting business in this state shall, for the privilege of carrying on or doing business by it within this state, include with the filing of the return required under ORS § 314.724 payment of a minimum tax of $150. [2009 c.745 § 3]

Terms Used In Oregon Statutes 314.725

  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.