Or. Admin. R. 150-314-0045

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

Section 150-314-0045 - REMIC Filing Requirements

A real estate mortgage investment conduit (REMIC) receiving income from prohibited transactions, must file an Oregon Form 20-I and a copy of the complete federal return, including a Schedule Q (Notice to Residual Interest Holder of REMIC Income or Loss) for each residual interest holder. A REMIC must file an Oregon return only for tax years with income from prohibited transactions.

RD 11-1988, f. 12-19-88, cert. ef. 12-31-88; RD 12-1990, f. 12-20-90, cert. ef. 12-31-90; REV 8-2002, f. & cert. ef. 12-31-02; Renumbered from 150-314.260, REV 29-2016, f. 8-12-16, cert. ef. 9/1/2016

Forms referenced are available from the agency.

Stat. Auth.: ORS 305.100

Stats. Implemented: ORS 314.260