In addition to the other modifications to federal taxable income contained in this chapter, to derive Oregon taxable income there shall be added to federal taxable income any amount deducted, for the tax year, for federal income tax purposes under section 965(c)(1) of the Internal Revenue Code. [2019 c.556 § 2]

lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Oregon Statutes 316.853

  • Taxable income: means the taxable income as defined in subsection (a) or (b), section 63 of the Internal Revenue Code, with such additions, subtractions and adjustments as are prescribed by this chapter. See Oregon Statutes 316.022

 

[Formerly 316.150; 1985 c.802 § 16a; repealed by 1987 c.293 § 70]

 

[1953 c.304 § 108; 1963 c.305 § 1; repealed by 1969 c.493 § 99]

 

  Previous section
Next section  
 Additional Modifications of Taxable Income Contents