OAR 150-314-0404
Property Factor; Intangible Drilling Costs
Intangible drilling costs incurred by oil and gas producing companies in connection with producing oil and gas properties located within a taxing jurisdiction are included in the property factor. An election to expense intangible drilling costs for federal tax purposes has no effect on their inclusion in the property factor.
Amendment history
Renumbered from 150-314.655(2)-(E), REV 35-2016, f. 8-12-16, cert. ef. 9-1-16
Source: view the official text
In this chapter (40 sections)
- 150-314-0345 · Apportionment and Allocation of Income Generally
- 150-314-0347 · Application of ORS 314.610 to 314.667: Allocation
- 150-314-0349 · Apportionment and Allocation for a Taxpayer Carrying on…
- 150-314-0351 · Two or More Businesses of a Single Taxpayer
- 150-314-0353 · Apportionment for Long-Term Construction Contracts
- 150-314-0355 · Special Rules: Installment Sales
- 150-314-0357 · Modified Factors for Motion Picture and Television Film…
- 150-314-0365 · Taxable in Another State; In General
- 150-314-0367 · Taxable in Another State; When a Taxpayer is “Subject…
- 150-314-0369 · Taxable in Another State; When a State has Jurisdiction…
- 150-314-0371 · Taxable in Another State; Washington Business and…
- 150-314-0380 · Allocation of Interest and Dividends
- 150-314-0385 · Apportionment Formula
- 150-314-0390 · Property Factor; In General
- 150-314-0392 · Property Factor; Property Used for the Production of…
- 150-314-0394 · Property Factor; Consistency in Reporting
- 150-314-0396 · Property Factor; Numerator
- 150-314-0398 · Property Factor; Valuation of Owned Property
- 150-314-0400 · Property Factor; Valuation of Rented Property
- 150-314-0402 · Property Factor; Timber
- 150-314-0404 · Property Factor; Intangible Drilling Costs
- 150-314-0406 · Property Factor; Averaging Property Value
- 150-314-0415 · Payroll Factor; In General
- 150-314-0417 · Payroll Factor; Numerator
- 150-314-0425 · Sales Factor; Definition of Gross Receipts
- 150-314-0427 · Sales Factor; Numerator
- 150-314-0429 · Sales Factor; Sales of Tangible Personal Property in…
- 150-314-0431 · Sales Factor; Sales of Tangible Personal Property to…
- 150-314-0435 · Sales Factor; Sales Other Than Sales of Tangible…
- 150-314-0437 · Gross Receipts Related to Deferred Gain or Loss
- 150-314-0455 · Modified Factors for Publishing
- 150-314-0460 · Apportionment of Net Loss
- 150-314-0465 · Sales Factor for Interstate Broadcasters
- 150-314-0466 · Definition of Programming and Subscription Services
- 150-314-0470 · Interstate Broadcasters: Net Income Attributable to this…
- 150-314-0475 · Consistent Treatment of Partnership Items
- 150-314-0480 · Publicly Traded Partnerships Taxed as Corporations
- 150-314-0485 · Partnership Information Returns
- 150-314-0487 · Partnership Penalty
- 150-314-0495 · Corporation Tax Credits — Converting a C Corporation to…