OAR 150-317-0040
Taxable Income of Regulated Investment Companies and Real Estate Investment Trusts
# (1)
(1) In the case of a corporation that is treated for federal tax purposes as a regulated investment company under IRC Section 851, for purposes of ORS 317.010(10) taxable income under Chapter 1, Subtitle A of the Internal Revenue Code means "investment company taxable income," as defined in IRC Section 852.
# (2)
(2) In the case of an entity that is treated for federal tax purposes as a real estate investment trust under IRC Section 856, for purposes of ORS 317.010(10) taxable income under Chapter 1, Subtitle A of the Internal Revenue Code means "real estate investment trust taxable income" as defined in IRC Section 857(b)(2), except that the adjustments provided by IRC Sections 857(b)(2)(D) and (F) shall not be allowed.
Amendment history
Renumbered from 150-317.010(10), REV 67-2016, f. 8-15-16, cert. ef. 9-1-16
Source: view the official text
In this chapter (40 sections)
- 150-317-0010 · Procedure for Handling State Surplus Refund
- 150-317-0020 · Substantial Nexus Guidelines
- 150-317-0030 · Definition: “Doing Business”
- 150-317-0040 · Taxable Income of Regulated Investment Companies and…
- 150-317-0050 · Foreign Corporations Subject to Tax
- 150-317-0060 · Capital Losses — Carrybacks and Carry-overs
- 150-317-0070 · Administrative and Judicial Interpretations
- 150-317-0080 · Adoption of Federal Law
- 150-317-0090 · Policy — Application of Various Provisions of the…
- 150-317-0100 · Periods of Less than 12 Months Are Tax Years
- 150-317-0110 · Tax Reform Act of 1984 Adjustments
- 150-317-0120 · Farm Capital Gain
- 150-317-0130 · Tax on Homeowner’s Association Income
- 150-317-0140 · Imposition of the Tax: Mercantile, Manufacturing and…
- 150-317-0150 · Adoption of Federal Exempt Organizations
- 150-317-0160 · Exemption and Return Requirements
- 150-317-0170 · Minimum Tax
- 150-317-0190 · Affordable Housing Credit; Definitions; Transfers; Carry…
- 150-317-0200 · Commercial Lending Institution Loans for Underground…
- 150-317-0210 · Carryover of the Lender’s Credit for Weatherization Loans
- 150-317-0220 · Lender’s Credit: Loans to Wood Heat and Fuel Oil Heat…
- 150-317-0230 · Lender’s Credit: Computation
- 150-317-0240 · Lender’s Credit: Definitions
- 150-317-0245 · Commencement of Long Term Enterprise Zone Tax Credit
- 150-317-0250 · Long Term Enterprise Zone Distributions
- 150-317-0260 · Lender's Credit for Agriculture Workforce Housing
- 150-317-0270 · Credit for Contributions of Computers, Scientific…
- 150-317-0280 · Qualified Research Credit
- 150-317-0290 · Research Tax Credit: Notice of Election
- 150-317-0300 · Research Tax Credit: Alternative Computation
- 150-317-0310 · Bad Debt Reserve of Financial Institutions Not…
- 150-317-0320 · Modification of Federal Taxable Income: Dividends from…
- 150-317-0330 · Modification for Dividends Received
- 150-317-0340 · Modification of Federal Taxable Income: Internal Revenue…
- 150-317-0350 · Oregon Subtraction Where Charitable Contribution Is…
- 150-317-0360 · Definition of “State”
- 150-317-0370 · Bad Debt Reserve of Financial Institutions that Have…
- 150-317-0380 · Taxes on Net Income or Profits Imposed by any State or…
- 150-317-0390 · IRC Section 338: Application to Oregon
- 150-317-0400 · Payments Received Under Federal Safe Harbor Lease…