A real estate mortgage investment conduit (REMIC) receiving income from prohibited transactions, must file an Oregon Form 20-I and a copy of the complete federal return, including a Schedule Q (Notice to Residual Interest Holder of REMIC Income or Loss) for each residual interest holder. A REMIC must file an Oregon return only for tax years with income from prohibited transactions.

[ED. NOTE: Forms referenced are available from the agency.]

Statutory/Other Authority

ORS 305.100

Statutes/Other Implemented

ORS 314.260

History

Renumbered from 150-314.260, REV 29-2016, f. 8-12-16, cert. ef. 9-1-16
REV 8-2002, f. & cert. ef. 12-31-02
RD 12-1990, f. 12-20-90, cert. ef. 12-31-90
RD 11-1988, f. 12-19-88, cert. ef. 12-31-88