2017 ORS 314.738¹
Employee fringe benefits
  • foreign income

(1) For purposes of employee fringe benefits, and subject to this chapter and ORS chapters 305, 316, 317 and 318 and ORS 314.712 (Partnerships not subject to income tax) to 314.722 (Publicly traded partnerships taxed as corporations), 314.726 (Application of ORS 314.724) and 316.124 (Determination of adjusted gross income of nonresident partner), section 1372 of the Internal Revenue Code shall apply to an S corporation and its shareholders.

(2) For purposes of foreign income, and subject to this chapter and ORS chapters 305, 316, 317 and 318 and ORS 314.712 (Partnerships not subject to income tax) to 314.722 (Publicly traded partnerships taxed as corporations), 314.726 (Application of ORS 314.724) and 316.124 (Determination of adjusted gross income of nonresident partner), section 1373 of the Internal Revenue Code shall apply to an S corporation and its shareholders. [1989 c.625 §45]

Chapter 314

Law Review Cita­tions

9 WLJ 249 (1973); 5 EL 516 (1975)

1 Legislative Counsel Committee, CHAPTER 314—Taxes Imposed Upon or Measured by Net Income, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ors314.­html (2017) (last ac­cessed Mar. 30, 2018).
 
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2017, Chapter 314, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­ano314.­html (2017) (last ac­cessed Mar. 30, 2018).
 
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.