Oregon Statutes 314.739 – Obligation or right of partner to report changes in taxable income or tax liability
Nothing in ORS § 314.731 to 314.737 or the amendments to ORS § 305.242, 314.712, 314.714 or 314.778 by sections 6 to 9, chapter 132, Oregon Laws 2019, is intended to affect the obligation or right of a partner subject to the tax imposed under ORS Chapter 316, 317 or 318 to report changes in the partner’s taxable income subject to taxation by this state or changes in a taxpayer’s tax liability paid to or owing to this state because of changes or corrections by, or as a result of original or amended returns accepted by:
Terms Used In Oregon Statutes 314.739
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- 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.
(1) The Internal Revenue Service, in the case of a partner in a partnership that elects the application of section 6221(b) of the Internal Revenue Code; or
(2) The taxing authority of another state, in the case of any partner or partnership. [2019 c.132 § 10]
314.739 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS Chapter 314 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
[1989 c.625 § 46; 1997 c.839 § 61; renumbered 314.766 in 2019]
[1989 c.625 § 47; 1997 c.839 § 62; renumbered 314.767 in 2019]
[1989 c.625 § 48; renumbered 314.768 in 2019]
[1989 c.625 § 49; renumbered 314.769 in 2019]
[1989 c.625 § 50; repealed by 1997 c.839 § 69]
[1997 c.100 § 6; renumbered 314.770 in 2019]
[1989 c.625 § 58; 2007 c.322 § 2; renumbered 314.771 in 2019]
[1991 c.877 § 36; 1993 c.730 § 5; 1997 c.170 § 34; 1997 c.534 § 2; 1999 c.21 § 36; 2001 c.674 § 11; 2001 c.868 § 9; 2001 c.932 § 10; 2001 c.957 § 18; 2005 c.80 § 1; 2005 c.94 § 80; 2007 c.625 § 13; 2007 c.739 § 7; 2007 c.883 § 3; 2009 c.33 14,15,16; 2010 c.76 § 26; 2011 c.83 § 11; 2011 c.474 § 32; 2011 c.730 § 19; 2011 c.732 § 9; 2013 c.750 § 25; 2015 c.701 § 35; 2017 c.610 § 21; 2017 c.638 § 1; 2018 c.108 § 7; 2019 c.579 § 15; renumbered 314.772 in 2019]
[1989 c.625 § 54; repealed by 2005 c.387 § 8]
(S Corporations)