Or. Admin. Code § 150-315-0154 - Pollution Control Facilities: Adjustment of Basis

When computing adjusted basis for a facility certified in a tax year beginning before January 1, 1977, original basis is reduced by the amount of depreciation that was not deducted due to claiming the credit and by the amount of credit claimed in tax years beginning before January 1, 1977.

Notes

Or. Admin. Code § 150-315-0154

1-69; 12-31-77; 12-31-81, Renumbered from 150-316.097(12) to 150-316.097(10); 12-31-85, Renumbered from 150-316.097(10); 12-31-93; RD 3-1995, f. 12-29-95, cert. ef. 12-31-95; Renumbered from 150-315.274(3), REV 44-2016, f. 8-12-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 315.304