Or. Admin. R. 150-317-0380 - Taxes on Net Income or Profits Imposed by Any State or Foreign Country
150-317-0380
Taxes on Net Income or Profits Imposed by any State or Foreign Country
For purposes of ORS 317.314, “net income” is income subject to taxation after allowable deductions and exemptions have been subtracted from gross or total income. This rule shall apply to all taxable years which are open to examination.
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