Or. Admin. R. 150-314-0380 - Allocation of Interest and Dividends
Example:In 2017, Corporation D received $30,000 in dividends, $10,000 of which were nonapportionable dividends allocable to Oregon. Corporation D owned less than 20 percent of the stock in the corporations paying the dividends, so a 70 percent dividend received deduction is allowed on the Oregon return. In the computation of Oregon taxable income, $3,000 of nonapportionable dividends (net of the dividend deduction) are subtracted from net income before apportionment and then added to income apportioned to Oregon. The $3,000 is computed as follows:[See PDF link below.]
Publications: Contact the Oregon Department of Revenue to learn how to obtain a copy of the publication referred to or incorporated by reference in this rule pursuant to ORS 183.360(2) and 183.355(1)(b).
To view tables referenced in rule text, click here to view rule.
Statutory/Other Authority: ORS 305.100
Statutes/Other Implemented: ORS 314.640
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.