2007 ORS 118.007¹
Connection to federal law
  • meaning of terms

Any term used in ORS 118.005 (Definitions for ORS 118.005 to 118.840) to 118.840 (Final accounting or discharge of executor or administrator) has the same meaning as when used in a comparable context in the laws of the federal Internal Revenue Code relating to federal estate taxes, unless a different meaning is clearly required or the term is specifically defined in ORS 118.005 (Definitions for ORS 118.005 to 118.840) to 118.840 (Final accounting or discharge of executor or administrator). Any reference in ORS 118.005 (Definitions for ORS 118.005 to 118.840) to 118.840 (Final accounting or discharge of executor or administrator) to the Internal Revenue Code means the federal Internal Revenue Code as amended and in effect on December 31, 2000, except where the Legislative Assembly has specifically provided otherwise. [2003 c.806 §2]

Note: Section 3, chapter 806, Oregon Laws 2003, provides:

Sec. 3. (1) Section 2 of this 2003 Act [118.007 (Connection to federal law)] applies to decedents dying on or after January 1, 1998, and to inheritance taxes imposed on transfers of property occurring due to decedents dying on or after January 1, 1998.

(2) Except where the Legislative Assembly has provided otherwise, the effective and applicable dates, and the exceptions, special rules and coordination with the Internal Revenue Code, as amended, relative to those dates, contained in the Taxpayer Relief Act of 1997 (P.L. 105-34) and the Internal Revenue Service Restructuring and Reform Act of 1998 (P.L. 105-206), apply for purposes of ORS 118.005 (Definitions for ORS 118.005 to 118.840) to 118.840 (Final accounting or discharge of executor or administrator), to the extent they can be made applicable, in the same manner as they are applied under the Internal Revenue Code and related federal law. [2003 c.806 §3]

Chapter 118

Law Review Cita­tions

9 WLJ 254 (1973); 13 WLJ 1 (1976); 57 OLR 309 (1978)

  • Family-Owned Business Blog, Sep 11, 2009
    “Following is a quote from the website of the Oregon Depart­ment of Revenue. In the 2006 Oregon Inheritance Tax Return instruc­tions (Rev. 8-06) for gross estate (page 1, left column), we stated the gross estate includes “...all transfers of prop­erty made by the decedent within the three-year period ending on the date of death.”...”

1 Legislative Counsel Committee, CHAPTER 118—Inheritance Tax, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­118.­html (2007) (last ac­cessed Feb. 12, 2009).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2007, Chapter 118, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­118ano.­htm (2007) (last ac­cessed Feb. 12, 2009).
 
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.