ORS 317A.122
Exclusion for subcontracting payments

An exclusion from taxable commercial activity shall be allowed for subcontracting payments for labor costs that are made by a general contractor, as defined in ORS 701.005 (Definitions), to a subcontractor, as defined in ORS 701.410 (Definitions), pursuant to a contract for residential real estate construction. The exclusion under this section:

(1)

Shall be allowed only for single-family residential construction located in Oregon;

(2)

Is not allowed for payment for materials, land or permits;

(3)

Is not allowed for payments between subcontractors; and

(4)

Shall be 15 percent of payments for labor by the general contractor. [2019 c.579 §58]
Note: Section 59, chapter 579, Oregon Laws 2019, provides:
Sec. 59. Section 58 of this 2019 Act [317A.122 (Exclusion for subcontracting payments)] applies to tax years beginning on or after January 1, 2020, and before January 1, 2026. [2019 c.579 §59]

Source: Section 317A.122 — Exclusion for subcontracting payments, https://www.­oregonlegislature.­gov/bills_laws/ors/ors317A.­html.

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Current through early 2024

§ 317A.122’s source at oregon​.gov