Taxes Imposed Upon or Measured by Net Income

ORS 314.505
Estimate of tax liability by corporations

  • rules


Every corporation expecting to have a tax liability under either ORS chapter 317 or 318 of $500 or more shall make an estimate of tax liability for the corporation’s tax year and pay the amount of tax determined as provided in ORS 314.515 (Installment schedule for payment of estimated tax).


The Department of Revenue shall by rule provide for the payment of estimated tax liability by a group of affiliated corporations filing a consolidated return.


As used in ORS 314.505 (Estimate of tax liability by corporations) to 314.525 (Underpayment of estimated tax), the term “estimated tax liability” means the tax computed under ORS chapter 317 or 318 less the credits allowed for purposes of ORS chapter 317 or 318. [1973 c.292 §1; 1984 c.1 §16; 1993 c.730 §41; 1997 c.299 §5]
Chapter 314

Law Review Citations

9 WLJ 249 (1973); 5 EL 516 (1975)


Last accessed
Jun. 26, 2021