Or. Admin. Code § 150-314-0402

Current through Register Vol. 63, No. 11, November 1, 2024

Section 150-314-0402 - Property Factor; Timber

The property factor includes all standing timber which the taxpayer owns and which is situated on land owned by the taxpayer, and includes timber which has been cut and has become a part of inventory. The factor does not include any standing timber to which the taxpayer has acquired cutting rights under a contract, regardless of when title passes under the terms of the contract.

Or. Admin. Code § 150-314-0402

12-31-81; Renumbered from 150-314.655(2)-(C), REV 35-2016, f. 8-12-16, cert. ef. 9/1/2016

Stat. Auth.: ORS 305.100

Stats. Implemented: