reglab/housing_qa huggingface dataset:
OR Rev Stat § 316.992 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 316 - Personal Income Tax|Section 316.992 - Penalty for filing incorrect return that is based on frivolous position or is intended to delay or impede administration; appeal.

(1) The Department of Revenue shall assess a penalty of $250 against any individual who files what purports to be a return of the tax imposed by this chapter but which: (a) Does not contain information on which the substantial correctness of the self-assessment may be judged; or (b) Contains information that on its face indicates that the self-assessment is substantially incorrect. (2) A penalty may be imposed under subsection (1) of this section only if the conduct referred to in subsection (1) of this section is due to: (a) A position which is frivolous; or (b) An intention, apparent on the face of the purported return, to delay or impede the administration of the income tax laws of this state. (3) The penalty imposed under this section is in addition to any other penalty imposed by law. Any person against whom a penalty is assessed under this section may appeal to the tax court as provided in ORS 305.404 to 305.560. If the penalty is not paid within 10 days after the order of the tax court becomes final, the department may record the order and collect the amount assessed in the same manner as income tax deficiencies are recorded and collected under ORS 314.430. (4) If an assessment of tax due for the taxable year with respect to which a penalty is imposed under this section is under appeal at the same time that an appeal is filed under this subsection, the tax court may consolidate the appeals into a single proceeding. (5) As used in this section, "a position which is frivolous" includes, but is not limited to: (a) Reference to a spurious constitutional argument; (b) Reliance on a "gold standard" or "war tax" deduction; (c) An argument that wages or salary are not includable in taxable income; (d) An argument that the Sixteenth Amendment to the United States Constitution was not properly adopted; or (e) An argument that "unenfranchised, sovereign, freemen or natural persons" are not subject to the tax laws. [1987 c.843 §11; 1995 c.650 §39]
OR Rev Stat § 317.005 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.005 - Short title.

This chapter may be cited as the Corporation Excise Tax Law. [Amended by 2005 c.94 §83]
OR Rev Stat § 317.013 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.013 - Adoption of parts of Internal Revenue Code and application of federal laws and regulations.

(1) Those portions of the Internal Revenue Code, and any other laws of the United States pertaining to the determination of taxable income of corporate taxpayers, are adopted by reference as a part of this chapter. Those portions of the Internal Revenue Code and other laws of the United States have full force and effect under this chapter unless modified by other provisions of this chapter. (2) Insofar as is practicable in the administration of this chapter, the Department of Revenue shall apply and follow the administrative and judicial interpretations of the federal income tax law. When a provision of the federal income tax law is the subject of conflicting opinions by two or more federal courts, the department shall follow the rule observed by the United States Commissioner of Internal Revenue until the conflict is resolved. Nothing contained in this section limits the right or duty of the department to audit the return of any taxpayer or to determine any fact relating to the tax liability of any taxpayer. (3) When portions of the Internal Revenue Code incorporated by reference as provided in subsection (1) of this section refer to rules or regulations prescribed by the Secretary of the Treasury, they are regarded as rules adopted by the department under and in accord with the provisions of this chapter, whenever they are prescribed or amended. (4)(a) When portions of the Internal Revenue Code incorporated by reference as provided in subsection (1) of this section are later corrected by an Act or Title within an Act of the United States Congress designated as an Act or Title making technical corrections, then notwithstanding the date that the Act or Title becomes law, those portions of the Internal Revenue Code, as so corrected, shall be the portions of the Internal Revenue Code incorporated by reference as provided in this section or ORS 317.010 or 317.018 and shall take effect, unless otherwise indicated by the Act or Title (in which case the provisions shall take effect as indicated in the Act or Title) as if originally included in the Act being technically corrected. If, on account of this subsection, any adjustment is required to an Oregon return that would otherwise be prevented by operation of law or rule, the adjustment shall be made, notwithstanding any law or rule to the contrary, in the manner provided under ORS 314.135. (b) As used in this subsection, "Act or Title" includes any subtitle, division or other part of an Act or Title. [1983 c.162 §11; 1984 c.1 §6; 1985 c.802 §32; 1987 c.293 §32; 1997 c.839 §27; 2003 c.77 §20]
OR Rev Stat § 317.018 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.018 - Statement of purpose.

It is the intent of the Legislative Assembly: (1) To make the Oregon corporate excise tax law, insofar as it relates to the measurement of taxable income, identical to the provisions of the federal Internal Revenue Code, as in effect and applicable for the tax year of the taxpayer, to the end that taxable income of a corporation for Oregon purposes is the same as it is for federal income tax purposes, subject to Oregon’s jurisdiction to tax, and subject to the additions, subtractions, adjustments and modifications contained in this chapter. (2) To achieve the results desired under subsection (1) of this section by application of the various provisions of the federal Internal Revenue Code relating to the definitions for corporations, of income, deductions, accounting methods, accounting periods, taxation of corporations, basis and other pertinent provisions relating to gross income. It is not the intent of the Legislative Assembly to adopt federal Internal Revenue Code provisions dealing with the computation of tax, tax credits or any other provisions designed to mitigate the amount of tax due. (3) To impose on each corporation doing business within this state an excise tax for the privilege of carrying on or doing that business measured by its federal taxable income as adjusted in this chapter. [1983 c.162 §2; 1984 c.1 §7; 1985 c.802 §21; 1987 c.293 §33; 1989 c.625 §16; 1991 c.457 §9; 1993 c.726 §39; 1995 c.556 §13; 1997 c.839 §28; 2009 c.5 §30; 2009 c.909 §§33,34; 2010 c.82 §29]
OR Rev Stat § 317.019 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.019 - Application of Payment-in-kind Tax Treatment Act of 1983.

The Payment-in-kind Tax Treatment Act of 1983 (P.L. 98-4, as amended by section 1061 of P.L. 98-369) shall apply in deriving Oregon taxable income under this chapter, notwithstanding that the Act is not part of the Internal Revenue Code. [1985 c.802 §44]
OR Rev Stat § 317.021 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.021

[1985 c.802 §60; 1987 c.293 §34; renumbered 314.031 in 1993]
OR Rev Stat § 317.025 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.025 - Omission of previously enacted savings clauses from Oregon Revised Statutes.

The omission from the Oregon Revised Statutes of those statutes which were part of Acts amending the statutes that constitute the source of this chapter and which provided savings clauses for the statutes amended, is not intended as a repeal of them. Such statutes shall, in so far as they are applicable, continue to be so applicable.
OR Rev Stat § 317.030 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.030 - Effect of chapter.

Nothing in this chapter shall be construed to repeal the present capital stock tax or annual corporation license fee otherwise provided for by law.
OR Rev Stat § 317.035 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.035 - Effect of subsequent repeal of chapter.

In the event of repeal of this chapter, unless otherwise specifically provided in the repeal, this chapter shall remain in full force for the assessment, imposition and collection of the tax and all interest, penalty or forfeitures which have accrued or may accrue in relation to any such tax for the calendar year in which the tax is repealed.
OR Rev Stat § 317.038 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.038 - Computation of Oregon taxable history.

(1) Nothing contained in this chapter shall be construed to require a corporation to include an item of income, or to permit a corporation to deduct an expense item, more than once in computing Oregon taxable income. (2) The changes to the corporate excise and income tax laws by chapter 162, Oregon Laws 1983, shall not be applied to preclude a corporation from taking into account a deduction or a loss to which it otherwise would be entitled. (3) The changes to the corporate excise and income tax laws by chapter 162, Oregon Laws 1983, shall not be applied to preclude a corporation from including income which it otherwise would be required to include. [1983 c.162 §40; 1985 c.802 §21e]
OR Rev Stat § 317.061 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.061 - Tax rate.

The rate of the tax imposed by and computed under this chapter is: (1) Six and six-tenths percent of the first $1 million of taxable income, or fraction thereof; and (2) Seven and six-tenths percent of any amount of taxable income in excess of $1 million. [1975 c.368 §2; 1983 c.162 §5; 1987 c.293 §34a; 2009 c.745 §§5,7,9; 2013 s.s. c.5 §1]
OR Rev Stat § 317.067 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.067 - Tax on homeowners association income.

(1) A tax is hereby imposed for each taxable year on the homeowners association taxable income of every homeowners association at the rate provided in ORS 317.061 and as though the homeowners association were a corporation. (2) As used in this section, "homeowners association" has the meaning given that term in section 528(c) of the Internal Revenue Code. [1977 c.597 §3; 1983 c.162 §6; 1999 c.21 §44; 1999 c.90 §22a]
OR Rev Stat § 317.070 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.070 - Tax on centrally assessed, mercantile, manufacturing and business corporations and financial institutions.

Every centrally assessed corporation, the property of which is assessed by the Department of Revenue under ORS 308.505 to 308.674, and every mercantile, manufacturing and business corporation and every financial institution doing business within this state, except as provided in ORS 317.080 and 317.090, shall annually pay to this state, for the privilege of carrying on or doing business by it within this state, an excise tax according to or measured by its Oregon taxable income, to be computed in the manner provided by this chapter, at the rate provided in ORS 317.061. [Amended by 1957 c.607 §3; 1957 c.709 §1; subsection (3) of 1963 Replacement Part derived from 1957 c.607 §11; 1957 c.709 §2 and 1957 s.s. c.5 §1; 1959 c.631 §2; 1963 c.627 §22 (referred and rejected); 1965 c.322 §1; 1965 c.544 §1; 1971 c.247 §1; 1975 c.368 §5; 1977 c.866 §3; 1982 1 c.16 §11; 1983 c.162 §7; 1985 c.565 §55; 1997 c.154 §50; 1999 c.21 §45; 1999 c.60 §1; 2009 c.403 §3]
OR Rev Stat § 317.071 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.071

[1977 c.887 §8; 1981 c.778 §40; 1981 c.894 §30; renumbered 317.111]
OR Rev Stat § 317.072 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.072

[1967 c.592 §9; 1969 c.340 §3; 1973 c.831 §9; 1977 c.795 §12; 1977 c.866 §11; 1981 c.408 §2; 1983 c.637 §7; renumbered 317.116]
OR Rev Stat § 317.076 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.076

[1969 c.600 §9; renumbered 317.122]
OR Rev Stat § 317.077 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.077

[1977 c.839 §10; 1979 c.439 §2; renumbered 317.128]
OR Rev Stat § 317.078 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.078

[1969 c.600 §5; 1983 c.162 §35; renumbered 317.650]
OR Rev Stat § 317.083 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.083

[1981 c.778 §36; renumbered 317.386]
OR Rev Stat § 317.087 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.087

[1981 c.720 §18; renumbered 317.133]
OR Rev Stat § 317.090 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.090 - Minimum tax.

(1) As used in this section: (a) "Oregon sales" means: (A) If the corporation apportions income under ORS 314.650 to 314.665 for Oregon tax purposes, the total sales of the taxpayer in this state during the tax year, as determined for purposes of ORS 314.665; (B) If the corporation does not apportion income for Oregon tax purposes, the total sales in this state that the taxpayer would have had, as determined for purposes of ORS 314.665, if the taxpayer were required to apportion income for Oregon tax purposes; or (C) If the corporation apportions income using a method different from the method prescribed by ORS 314.650 to 314.665, Oregon sales as defined by the Department of Revenue by rule. (b) If the corporation is an agricultural cooperative that is a cooperative organization described in section 1381 of the Internal Revenue Code, "Oregon sales" does not include sales representing business done with or for members of the agricultural cooperative. (2) Each corporation or affiliated group of corporations filing a return under ORS 317.710 shall pay annually to the state, for the privilege of carrying on or doing business by it within this state, a minimum tax as follows: (a) If Oregon sales properly reported on a return are: (A) Less than $500,000, the minimum tax is $150. (B) $500,000 or more, but less than $1 million, the minimum tax is $500. (C) $1 million or more, but less than $2 million, the minimum tax is $1,000. (D) $2 million or more, but less than $3 million, the minimum tax is $1,500. (E) $3 million or more, but less than $5 million, the minimum tax is $2,000. (F) $5 million or more, but less than $7 million, the minimum tax is $4,000. (G) $7 million or more, but less than $10 million, the minimum tax is $7,500. (H) $10 million or more, but less than $25 million, the minimum tax is $15,000. (I) $25 million or more, but less than $50 million, the minimum tax is $30,000. (J) $50 million or more, but less than $75 million, the minimum tax is $50,000. (K) $75 million or more, but less than $100 million, the minimum tax is $75,000. (L) $100 million or more, the minimum tax is $100,000. (b) If a corporation is an S corporation, the minimum tax is $150. (3) The minimum tax is not apportionable (except in the case of a change of accounting periods), is payable in full for any part of the year during which a corporation is subject to tax and may not be reduced, paid or otherwise satisfied through the use of any tax credit. [Amended by 1975 c.368 §6; 2009 c.403 §4; 2009 c.745 §1; 2011 c.669 §1; 2015 c.701 §§43,44; 2017 c.43 §§10,11; 2017 c.610 §17]
OR Rev Stat § 317.092 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.092 - Exemption of payments to tenant of manufactured dwelling park upon termination of rental agreement.

Amounts received by a taxpayer under ORS 90.645 (1) are exempt from the taxes imposed by this chapter. [2007 c.906 §14]
OR Rev Stat § 317.098 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.098

[1979 c.561 §6; 1983 c.162 §8; renumbered 317.392]
OR Rev Stat § 317.111 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.111 - Weatherization loan interest; commercial lending institutions.

(1) A credit against taxes otherwise due under this chapter for the taxable year shall be allowed commercial lending institutions in an amount equal to the difference between: (a) The maximum amount of interest allowed to be charged during the taxable year under section 6b, chapter 887, Oregon Laws 1977, for loans made before November 1, 1981, by the lending institution to space-heating customers for the purpose of financing weatherization services; and (b) The amount of interest which would have been charged during the taxable year by the lending institution for such loans at an annual interest rate which is the lesser of the following: (A) The average interest rate charged by the commercial lending institution for home improvement loans made during the calendar year immediately preceding the year in which the loans for weatherization services are made; or (B) Twelve percent. (2) Any tax credit otherwise allowable under this section which is not used by the taxpayer in a particular year may be carried forward and used in each of the 15 years following the unused tax credit year. However, the entire amount of the unused credit for an unused credit year shall be carried forward to the earliest of the 15 years to which it may be carried. (3) No credit shall be allowed under this section for loans made on or after November 1, 1981. [Formerly 317.071; 1985 c.712 §1]
OR Rev Stat § 317.122 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.122 - Insurers; amounts paid for certain taxes and assessments.

(1) A credit against taxes imposed by this chapter shall be allowed insurers for the gross premium tax paid on fire insurance premiums in accordance with ORS 731.820. (2) A credit against the taxes otherwise due under this chapter shall be allowed to an insurer. The amount of the credit shall be the lesser of: (a) The amount of any assessments paid by the insurer during the tax year pursuant to ORS 656.612; or (b) The total profit attributable to the workers’ compensation line of business, net of reinsurance and including all investment gain attributable to the workers’ compensation line of business, determined in the manner prescribed under ORS 731.574 by the Director of the Department of Consumer and Business Services, with the modifications under ORS 317.655 attributable to the workers’ compensation line of business, and then apportioned in accordance with ORS 317.660 and multiplied by the corporate tax rate set forth in ORS 317.061. In making the apportionment under ORS 317.660 for purposes of this paragraph, the insurance sales factor shall be determined using only items attributable to the workers’ compensation line of business. [Formerly 317.076; 1995 c.786 §14; 2007 c.716 §2] Note: Section 20, chapter 913, Oregon Laws 2009, provides: Sec. 20. (1) A credit may not be claimed under ORS 317.122 (1) for tax years beginning on or after January 1, 2018. (2) A credit may not be claimed under ORS 317.122 (2) for tax years beginning on or after January 1, 2014. [2009 c.913 §20; 2011 c.730 §4; 2013 c.750 §46]
OR Rev Stat § 317.125 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.125 - Other tax credits limited; exception.

Notwithstanding any other provision of law creating a tax credit against corporate excise or income taxes, a taxpayer claiming a tax credit under ORS 317.124 may not claim any type of tax credit otherwise authorized by law against taxes that are otherwise due under this chapter that are equal to or less than the tax credit threshold amount computed under ORS 317.124 (7), to the extent the taxpayer offsets the taxpayer’s tax liability for the tax year with a credit allowed under ORS 317.124. Notwithstanding ORS 314.078, a taxpayer may forgo using a tax credit otherwise allowed under ORS 317.124 in order to use other tax credits in a tax year. [2001 c.292 §9; 2005 c.667 §4]
OR Rev Stat § 317.127 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.127 - Long Term Enterprise Zone Fund.

(1) The Long Term Enterprise Zone Fund is established, separate and distinct from the General Fund. (2) Amounts credited to the Long Term Enterprise Zone Fund are continuously appropriated to the Department of Revenue for the purpose of making the distributions to local taxing districts described in ORS 317.131. (3) Amounts in the Long Term Enterprise Zone Fund remaining unexpended on June 30 of the end of a biennium are transferred to the General Fund. [2001 c.292 §11]
OR Rev Stat § 317.129 (2021)
2021 Oregon Revised Statutes|Volume : 08 - Revenue and Taxation|Chapter 317 - Corporation Excise Tax|Section 317.129 - Tax payments of long term enterprise zone facilities credit claimants.

Notwithstanding ORS 317.850, corporate income or excise tax payments of a taxpayer allowed a tax credit under ORS 317.124 shall be deposited in the Long Term Enterprise Zone Fund established in ORS 317.127, to the extent those payments do not exceed an amount estimated by the Department of Revenue to equal 30 percent of the tax credit threshold amount determined under ORS 317.124 (7) plus 30 percent of any remaining qualified tax liability of the taxpayer under ORS 317.124 after allowance of the credit. [2001 c.292 §10]