- (1) ORS 317.920 to ORS 317.950 apply to those corporations which earn unrelated business income although normally exempt under ORS 317.080.
- (2) For purposes of ORS 317.920, the term “unrelated business income” shall have the same meaning as it is given in section 512 of the Internal Revenue Code.
- (3) Such income shall be reported on an Oregon Corporation Excise Tax Return, Form 20, with a full copy of the Federal Form 990T or other required federal return attached.
Statutory/Other Authority
ORS 305.100
Statutes/Other Implemented
ORS 317.920
History
Renumbered from 150-317.920, REV 69-2016, f. 8-15-16, cert. ef. 9-1-16
RD 11-1988, f. 12-19-88, cert. ef. 12-31-88
RD 7-1983, f. 12-20-83, cert. ef. 12-31-83
12-31-77
1959