Source: https://www.oregonlaws.org/ors/2007/317.920
Timestamp: 2020-07-06 09:52:32
Document Index: 654883577

Matched Legal Cases: ['§2', '§90', '§42', '§28', '§48', '§37', '§25']

ORS 317.920 - Tax imposed on unrelated business income of certain exempt corporations - 2007 Oregon Revised Statutes
2007 ORS Vol. 8 Chapter 317 Section 317.920
ORS 317.920¹
Tax imposed on unrelated business income of certain exempt corporations
(1) Notwithstanding ORS 317.080 (Exempt corporations), a corporation otherwise exempt from tax under ORS 317.080 (Exempt corporations) (1), (2), (3), (4), (7) or (9) shall be subject to the tax imposed by and in accordance with the provisions of this chapter, but only as to its unrelated business taxable income, as defined under the Internal Revenue Code.
(3) In the case of unrelated business income of a private foundation described in section 509 of the Internal Revenue Code, the first quarter of estimated tax due under ORS 314.515 (Installment schedule for payment of estimated tax) (1)(a) shall be paid on or before the 15th day of the fifth month of the taxable year. [1959 c.356 §2; 1975 c.652 §90; 1983 c.162 §42; 1985 c.802 §28b; 1987 c.293 §48; 1997 c.839 §37; 1999 c.90 §25a]