ORS § 317.303

Current through 2024 Regular Session legislation effective June 6, 2024
Section 317.303 - Deduction or adjustment for certain federal credits

If a taxpayer has taken a federal credit, which requires as a condition of the use of the federal credit the reduction of a corresponding deduction or basis, and the federal credit is not allowable for Oregon purposes, the taxpayer shall be allowed the deduction or appropriate adjustment to basis to derive Oregon taxable income.

ORS 317.303

1983 c.162 §17