When computing adjusted basis for a facility certified in a tax year beginning before January 1, 1977, original basis is reduced by the amount of depreciation that was not deducted due to claiming the credit and by the amount of credit claimed in tax years beginning before January 1, 1977.

Statutory/Other Authority

ORS 305.100

Statutes/Other Implemented

ORS 315.304

History

Renumbered from 150-315.304(10), REV 44-2016, f. 8-12-16, cert. ef. 9-1-16
RD 3-1995, f. 12-29-95, cert. ef. 12-31-95
12-31-93
12-31-85, Renumbered from 150-316.097(10)
12-31-81, Renumbered from 150-316.097(12) to 150-316.097(10)
12-31-77
1-69