reglab/housing_qa huggingface dataset:
OR Rev Stat § 317.491 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.491 - Contribution to charitable organization subject to disqualification order.

(1) Except as provided in subsection (2) of this section, in addition to any other modification to federal taxable income under this chapter there shall be added to federal taxable income the amount of any charitable contribution that: (a) Is allowed as a deduction for federal tax purposes for the tax year under section 170 of the Internal Revenue Code; (b) Is attributable to a contribution to a charitable organization that is the subject of a disqualification order issued under ORS 128.760 to 128.769; and (c) Was made to the charitable organization more than 30 days after the date of Internet publication of information relating to the disqualification order under ORS 128.766. (2) Charitable contributions described in subsection (1) of this section shall not be added to federal taxable income if the taxpayer provides to the Department of Revenue a written document that the taxpayer received from the organization to which the contribution was made that: (a) Acknowledges receipt of the contribution by the organization; and (b) Does not include the disclosure required by ORS 128.763. [2013 c.260 §9]
OR Rev Stat § 317.504 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.504 - Date return considered filed or advance payment considered made.

A return filed before the last day prescribed by law for the filing thereof shall be considered as filed on the last day. An advance payment of any portion of the tax made at the time the return was filed shall be considered as made on the last day prescribed by law for the payment of the tax. The last day prescribed by law for filing the return or paying the tax shall be determined without regard to any extension of time granted the taxpayer by the Department of Revenue. [Formerly 317.395]
OR Rev Stat § 317.510 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.510 - Requiring additional reports and information.

The Department of Revenue may order additional reports or such other information it deems necessary in addition to the regular reports provided in this chapter. All reports and returns, as provided in this chapter, shall be upon standard forms, adopted by the department, with no more detailed information relating to the taxpayer’s business than is necessary to enable the department to administer fully the provisions of this chapter.
OR Rev Stat § 317.515 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.515

[Renumbered 317.845]
OR Rev Stat § 317.590 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.590

[Amended by 1953 c.309 §2; 1955 c.35 §1; 1957 c.528 §4; renumbered 317.850]
OR Rev Stat § 317.605 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.605

[Amended by 1953 c.331 §2; renumbered 314.210]
OR Rev Stat § 317.610 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.610

[Renumbered 314.220]
OR Rev Stat § 317.615 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.615

[Renumbered 314.230] FOREIGN INCOME; DOMESTIC INTERNATIONAL SALES CORPORATIONS;
OR Rev Stat § 317.625 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.625 - Income from sources without the United States.

Income from sources without the United States, as defined in section 862 of the Internal Revenue Code, shall be accounted for in the computation of Oregon taxable income as required by ORS chapters 305 and 314 and this chapter without regard to sections 861 to 864 of the Internal Revenue Code. [1983 c.162 §38] Note: Sections 32, 33 and 34, chapter 101, Oregon Laws 2018, provide: Sec. 32. Section 33 of this 2018 Act is added to and made a part of ORS chapter 317. [2018 c.101 §32] Sec. 33. (1) A credit against the taxes otherwise due under ORS chapter 317 or 318 shall be allowed to a taxpayer for Oregon tax attributable to income reported under section 965 of the Internal Revenue Code as post-1986 deferred foreign income. (2) The credit allowed under this section may not exceed the lesser of: (a) The amount of Oregon tax attributable to income reported under section 965 of the Internal Revenue Code as post-1986 deferred foreign income for tax years beginning on or after January 1, 2017, and before January 1, 2018; or (b) The total amount of tax, if any, attributable to the addition required under ORS 317.716 and imposed for all tax years beginning on or after January 1, 2014, and before January 1, 2017. (3) The credit allowed under this section may not exceed the tax liability of the taxpayer for the tax year. (4) Any tax credit otherwise allowable under this section that is not used by the taxpayer in a particular tax year may be carried forward and offset against the taxpayer’s tax liability for the next succeeding tax year. Any credit remaining unused in the next succeeding tax year may be carried forward and used in the second succeeding tax year. Any credit remaining unused in the second succeeding tax year may be carried forward and used in the third succeeding tax year. Any credit remaining unused in the third succeeding tax year may be carried forward and used in the fourth succeeding tax year. Any credit remaining unused in the fourth succeeding tax year may be carried forward and used in the fifth succeeding tax year, but may not be used in any tax year thereafter. [2018 c.101 §33] Sec. 34. Except as provided in section 33 (4) of this 2018 Act, section 33 of this 2018 Act applies to tax years beginning on or after January 1, 2017, and before January 1, 2018. [2018 c.101 §34]
OR Rev Stat § 317.635 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.635 - Domestic international sales corporation; exemption from minimum tax.

(1) Except as provided in ORS 317.283, a domestic international sales corporation, commonly referred to as "DISC," as defined in section 992 of the Internal Revenue Code, shall be taxed in the manner provided for other corporations under this chapter and without regard to sections 991 to 996 of the Internal Revenue Code. (2) An interest charge DISC formed on or before January 1, 2014, is exempt from the tax imposed under ORS 317.090. [1983 c.162 §39; 1985 c.802 §22b; 2013 s.s. c.5 §6]
OR Rev Stat § 317.650 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.650 - Insurers; depreciation and basis provisions; confidentiality of returns; calendar year filing of returns required.

(1) ORS 317.356, relating to depreciation and basis, shall be applicable to every insurer. (2) Notwithstanding ORS 314.835 or 314.840 or any other law concerning confidentiality of tax returns, the Department of Consumer and Business Services and the Department of Revenue may disclose to each other returns and all other information necessary to carry out ORS 731.854 and 731.859 and otherwise to administer the corporate excise tax imposed by this chapter on insurers. (3) Notwithstanding ORS 314.085 or other law, for purposes of this chapter, each of the following insurers shall file a return on a calendar year basis: (a) A foreign or alien insurer; or (b) A domestic insurer organized after January 1, 1971, the ownership or control of which is exercised, directly or indirectly, by a foreign insurer or other foreign corporation owning or controlling directly or indirectly, a foreign insurer. [Formerly 317.078; 1995 c.556 §52; 1995 c.786 §15; 2005 c.185 §7]
OR Rev Stat § 317.655 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.655 - Taxable income of insurer; computation; exclusion for certain life insurance or annuity accounts.

(1) For purposes of the tax imposed under ORS 317.070, the Oregon taxable income of an insurer shall be the insurer’s "net gain from operations" or "net income" determined in the manner prescribed by the Department of Consumer and Business Services on its Annual Statement Form for the taxable year, as adjusted pursuant to ORS 317.010 (11), 317.122 and 317.650 to 317.665. (2) The Oregon taxable income of an insurer shall be computed by adding or subtracting, to the insurer’s net gain from operations as determined under subsection (1) of this section, such of the following items as apply to the insurer: (a) Add the amount of federal and state income taxes deducted by the insurer in computing its net gain from operations. (b) Add penalty interest received by the insurer arising out of prepayment of loans made by the insurer. (c) Add realized gains and losses on sales or exchanges by the insurer of property. (d) Subtract, if the insurer so elects, additional or accelerated depreciation on real and personal property that is in excess of the depreciation deducted by the method used in computing the insurer’s net gain from operations. (e) Subtract that amortized portion of the contribution for past service credits made to qualified plans and exempt trusts for employees allowed as a deduction. (f) Add or subtract, as appropriate, increases or decreases in mandatory reserves that the insurer is required to maintain by law or by rules or directives of the Director of the Department of Consumer and Business Services or the insurance director or commissioner of the state of domicile of the foreign or alien insurer, other than increases or decreases that (A) are deducted in arriving at the insurer’s net gain from operations, or (B) result from net gains or losses, realized or unrealized, in the value of the insurer’s property and investments. (g) Add or subtract, as appropriate, increases or decreases in reserves for policies and obligations outstanding before the beginning of the taxable year resulting from changes in the bases and methods of computing such reserves that are justified by accounting and actuarial practices applicable to or accepted by the insurance industry, commonly known as "reserve strengthening" or "reserve weakening." (3) Income, expenses, gains, losses, exclusions, deductions, assets, reserves, liabilities and other items properly attributable to one or more separate accounts authorized under ORS 733.220 shall not be taken into account in determining taxable income of an insurer under ORS 317.010 (11), 317.122 and 317.650 to 317.665 until such amounts or items are returned to and reflected on the general accounts of such insurer so as to be available generally to or for the benefit of contract and policyholders of the insurer. [Formerly 317.197; 1995 c.786 §16]
OR Rev Stat § 317.660 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.660 - Allocation of net income where insurer has both in-state and out-of-state business.

(1)(a) If the income of an insurer is derived from business done both within and without this state, the determination of Oregon taxable income shall be arrived at by multiplying the insurer’s net income by the insurance sales factor. (b) The insurance sales factor shall consist of a fraction, the numerator of which is the amount of direct premiums (excluding reinsurance accepted and without deduction of reinsurance ceded) received or earned by the insurer during the tax year on policies and contracts that are allocated to this state and to other jurisdictions in which the insurer is not authorized to do business, and the denominator of which is the total of such premiums received or earned by the insurer during the tax year on policies and contracts that had been sold within and without this state. (2) For purposes of this section: (a) "Net income" means net income properly recorded in the statement of income reported in the annual statement filed by the insurer with the Director of the Department of Consumer and Business Services. (b) "Premiums" means sums properly included in those schedules of the annual statement filed by the insurer with the Director of the Department of Consumer and Business Services that appropriately allocate premiums by jurisdiction. If the exclusion of reinsurance premiums results in an insurance sales factor that does not fairly represent the extent of the taxpayer’s activity in this state, the taxpayer may petition for and the Department of Revenue may permit, or the Department of Revenue may require, the inclusion of reinsurance premiums in the insurance sales factor. If the annual statement of the insurer does not report received premiums then the insurance sales factor shall be determined based on earned premiums. (3) If application of the apportionment formula described in subsection (1) of this section results in an apportionment that does not fairly and equitably represent the taxpayer’s insurance business activity in this state, the taxpayer may petition the Department of Revenue for and the department may permit, or the department may require, to achieve an apportionment that fairly and equitably represents the taxpayer’s insurance business activity: (a)(A) The exclusion of the insurance sales factor; and (B) The inclusion of one or more additional factors that will fairly and equitably represent the taxpayer’s business activity in this state; (b) The inclusion of the insurance sales factor and one or more additional factors that will fairly and equitably represent the taxpayer’s business activity in this state; or (c) The employment of any other method to achieve a fair and equitable apportionment of the taxpayer’s income. [Formerly 317.199; 1995 c.786 §17; 1999 c.143 §11; 2007 c.716 §§1,3]
OR Rev Stat § 317.665 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.665 - Oregon net losses of insurer in prior years.

In computing Oregon taxable income, an insurer shall be allowed as a deduction an amount equal to the aggregate Oregon net losses of prior years as defined in ORS 317.476. [Formerly 317.299; 1995 c.786 §18]
OR Rev Stat § 317.667 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.667 - Tax treatment of captive insurers.

A captive insurer, as defined in ORS 735.150, making a valid election under section 831(b) of the Internal Revenue Code of 1986, as amended, shall be afforded the same tax treatment on receipt of premiums and tax on investment earnings for state income tax purposes as exists for federal income tax purposes except that the income tax rates on taxable income of the captive insurer shall be those identified under state law rather than federal law. [2012 c.84 §24]
OR Rev Stat § 317.705 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.705 - Definitions.

As used in ORS 317.705 to 317.715: (1) "Affiliated group" means an affiliated group of corporations as defined in section 1504 of the Internal Revenue Code. (2) "Unitary group" means a corporation or group of corporations engaged in business activities that constitute a unitary business. (3)(a) "Unitary business" means a business enterprise in which there exists directly or indirectly between the members or parts of the enterprise a sharing or exchange of value as demonstrated by: (A) Centralized management or a common executive force; (B) Centralized administrative services or functions resulting in economies of scale; or (C) Flow of goods, capital resources or services demonstrating functional integration. (b) "Unitary business" may include, but is not limited to, a business enterprise the activities of which: (A) Are in the same general line of business (such as manufacturing, wholesaling or retailing); or (B) Constitute steps in a vertically integrated process (such as the steps involved in the production of natural resources, which might include exploration, mining, refining and marketing). (c) Whether two or more corporations that are included in the same consolidated federal return are engaged in a unitary business may be determined by making reference to any corporation that is owned or controlled directly or indirectly by the same interests. [1984 c.1 §4; 1985 c.802 §30a; 1997 c.325 §45; 2007 c.323 §1; 2017 c.181 §1]
OR Rev Stat § 317.713 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.713 - Group losses as offset to income of subsidiary paying preferred dividends.

If the use of group losses to offset income of a subsidiary paying dividends on preferred stock is limited under section 1503(f) of the Internal Revenue Code, a like limitation shall apply for purposes of this chapter. For purposes of applying section 1503(f) of the Internal Revenue Code, "group losses" and "separately computed taxable income" shall be determined by taking into consideration only that income and loss which is allocated or apportioned to Oregon, with the additions, subtractions, modifications and other adjustments under this chapter and ORS chapter 314. [1991 c.457 §14]
OR Rev Stat § 317.720 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.720 - Computation of taxable income; excess loss accounts.

(1) To derive Oregon taxable income, there shall be subtracted from federal taxable income the amount of the excess loss account included under Treasury Regulations adopted under section 1502 of the Internal Revenue Code to the extent that the excess losses have not offset unitary income. However, in no event shall excess losses be recaptured on account of Treasury Regulations adopted under section 1502 of the Internal Revenue Code for purposes of this chapter if the losses were deducted for a taxable year beginning before January 1, 1986. (2) As used in this section, "unitary income" means income of a unitary group, as that term is defined in ORS 317.705, that includes the subsidiary to which excess losses are attributable, and a member of which is subject to taxation under this chapter. [1984 c.1 §11b; 1987 c.293 §47]
OR Rev Stat § 317.725 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.725 - Adjustments to prevent double taxation or deduction; rules.

(1)(a) If any provision of the Internal Revenue Code or of ORS 317.705 to 317.715, relating to the use of consolidated federal returns, requires that any amount be added to or deducted from federal consolidated taxable income or the Oregon taxable income subject to taxation under this chapter or ORS chapter 318 that previously had been added to or deducted from income upon or with respect to which tax liability was measured under the Oregon law in effect prior to the taxpayer’s taxable year as to which ORS 317.705 to 317.715, are first effective, an appropriate adjustment shall be made to the income for the year or years subject to ORS 317.705 to 317.715, so as to prevent the double taxation or double deduction of any such amount that previously had entered into the computation of income upon or with respect to which tax liability was measured. (b) If it appears to the Department of Revenue that a corporation making a return under this chapter or ORS chapter 318 is required to make any adjustment to federal consolidated taxable income pursuant to ORS 317.715, that is unduly burdensome or that produces an inequitable or unreasonable result, the department, upon application by the corporation, may relieve the corporation of the requirement and may permit or require any other adjustment to be made to fairly reflect income and produce an equitable result. The department shall adopt rules prescribing the method by which a corporation may apply for relief under this paragraph. (2) Notwithstanding the provisions of ORS 317.013, any regulation promulgated pursuant to sections 1501 to 1505 of the Internal Revenue Code which makes reference to provisions of the Internal Revenue Code with respect to which modifications to federal taxable income are prescribed under this chapter shall not be applied to the extent the regulation conflicts with the provisions of this chapter. (3) The Department of Revenue shall not make any adjustment under this section if the resulting increase or decrease in tax liability would be less than $250. [1984 c.1 §19; 1985 c.802 §31]
OR Rev Stat § 317.850 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.850 - Disposition of revenue.

The net revenue from the tax imposed by this chapter, after deduction of refunds, shall be paid over to the State Treasurer and held in the General Fund as miscellaneous receipts available generally to meet any expense or obligation of the State of Oregon lawfully incurred. A working balance of unreceipted revenue from the tax imposed by this chapter may be retained for the payment of refunds, but such working balance shall not at the close of any fiscal year exceed the sum of $500,000. [Formerly 317.590; 2001 c.114 §42]
OR Rev Stat § 317.853 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.853 - Disposition of revenue from tax imposed at increased rate; estimate.

(1) For tax years beginning on or after January 1, 2013, and before January 1, 2017, any revenue that is received as a result of a rate of tax above 7.5 percent imposed under this chapter and that is in excess of the revenue that would be received under this chapter at a rate of 7.5 percent shall be deposited into the Oregon Rainy Day Fund established by ORS 293.144. (2) For tax years beginning on or after January 1, 2017, any revenue that is received as a result of a rate of tax above 7.2 percent imposed under this chapter and that is in excess of the revenue that would be received under this chapter at a rate of 7.2 percent shall be deposited into the Oregon Rainy Day Fund established by ORS 293.144. (3) Before the end of each biennium, beginning with the biennium ending on June 30, 2015, the Department of Revenue shall estimate the revenue described in subsection (1) or (2) of this section that is received during the biennium. An amount equal to that estimate shall be transferred into the Oregon Rainy Day Fund established by ORS 293.144 on or before June 30 of each odd-numbered year. [2009 c.747 §2; 2013 s.s. c.5 §8]
OR Rev Stat § 317.920 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.920 - Tax imposed on unrelated business income of certain exempt corporations.

(1) Notwithstanding ORS 317.080, a corporation otherwise exempt from tax under ORS 317.080 (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. (2) Subsection (1) of this section shall not apply to an organization described in section 501(c)(1) of 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 (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]