Taxes Imposed Upon or Measured by Net Income

ORS 314.765
Employee fringe benefits

foreign income

Text
Annotations

(1)

For purposes of employee fringe benefits, and subject to this chapter and ORS chapters 305, 316, 317 and 318 and ORS 314.712 (Partnerships not subject to income tax) to 314.722 (Publicly traded partnerships taxed as corporations), 314.726 (Application of ORS 314) and 316.124 (Determination of adjusted gross income of nonresident partner), section 1372 of the Internal Revenue Code shall apply to an S corporation and its shareholders.

(2)

For purposes of foreign income, and subject to this chapter and ORS chapters 305, 316, 317 and 318 and ORS 314.712 (Partnerships not subject to income tax) to 314.722 (Publicly traded partnerships taxed as corporations), 314.726 (Application of ORS 314) and 316.124 (Determination of adjusted gross income of nonresident partner), section 1373 of the Internal Revenue Code shall apply to an S corporation and its shareholders. [Formerly 314.738]

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Source

Last accessed
Mar. 11, 2023