Current through Register Vol. 61, No. 4, April 1, 2022
Effective Date. The provisions of this rule apply to tax years
beginning on or after January 1, 2021.
groups must designate a single member of the unitary group with substantial
nexus to this state under ORS
as the group's reporting entity to register, file and pay the
corporate activity tax on behalf of the unitary group.
Groups with Two or More Federal
Consolidated Return Members.
If a unitary group has two or more
members that file a federal consolidated return, the unitary group may
designate any member of the group as the group's reporting entity that:
has substantial nexus to this state under
and OAR 150-317-1010
the annual accounting period of the federal consolidated group under section
441 of the Internal Revenue Code.
Change in Designated Reporting
Entity. The unitary group must change the designated reporting entity
if the designated entity no longer meets the applicable provisions of sections
(2) or (3) of this rule. If the designated reporting entity merges or
consolidates with another entity or changes its name, the unitary group must
notify the department of the merger, consolidation, or name change. A unitary
group may change the designated reporting entity to another member of the group
provided that the member meets the provisions of sections (2) and (3) of this
Admin. R. 150-317-1023
15-2021, adopt filed 12/15/2021, effective
Publications: Contact the Oregon Department of Revenue for
information about how to obtain a copy of the publication referred to or
incorporated by reference in this rule pursuant to ORS
Statutory/Other Authority: ORS
Statutes/Other Implemented: ORS