1. (1) This rule applies to tax years beginning on or after January 1, 1989 and before January 1, 2018.

2. (2) The Qualified Research credit may be calculated in any manner allowed under the applicable version of IRC 41. The applicable percentage for Oregon purposes is 5% regardless of the method used to calculate the credit.

   [Publications: Contact the Oregon Department of Revenue to learn how to obtain a copy of the publication referred to or incorporated by reference in this rule pursuant to ORS 183.360(2) and 183.355(1)(b).]

Statutory/Other Authority

ORS 305.100 & ORS 317.152

Statutes/Other Implemented

ORS 317.152

History

REV 18-2021, amend filed 12/15/2021, effective 01/01/2022
Renumbered from 150-317.152, REV 68-2016, f. 8-15-16, cert. ef. 9-1-16
REV 5-2015, f. 12-23-15, cert. ef. 1-1-16