Or. Admin. R. 150-308-0610

Current through Register Vol. 63, No. 6, June 1, 2024

Section 150-308-0610 - Allocation of Centrally Assessed Communication Company Property Value

(1) Definitions

(a) "Original Cost" means the cost of tangible property, plant and equipment as reported on the company's financial statements including construction work in progress, property held for future use, land, and leasehold improvements.

(b) "Oregon operating revenue" means gross revenue from customers whose billing address is an Oregon address.

(c) "Oregon customers" means customers whose billing address is in the state of Oregon.

(2) The value of the Oregon portion of a unit of property used by a company operating both within and without this state in the communication business must be allocated to this state by multiplying the value of the unit by a percentage, which is the sum of:

(a) The ratio of the Oregon portion of the unit's original cost to the total unit's original cost, multiplied by 75 percent; plus

(b) The ratio of the Oregon portion of the unit's total gross operating revenue for the prior year to the unit's total gross operating revenue for the prior year, multiplied by 15 percent; plus

(c) The ratio of the total year-end Oregon customers for the prior year to the unit's total year-end customers for the prior year, multiplied by 10 percent.

(3) If a company is not able to provide, or does not provide, the information required to compute the ratio in (2)(a), (b) or (c) of this rule, the department will proportionally increase the percentage of the unit's remaining ratio(s) by the percentage(s) of the ratios not used.

Or. Admin. R. 150-308-0610

RD 6-1994, f. 12-15-94, cert. ef. 12-30-94; REV 6-2009, f. & cert. ef. 7-31-09; Renumbered from 150-308.550(2)-(G), REV 59-2016, f. 8-13-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 308.550