Oregon Revised Statutes Chapter 308 § 308.120 — Partnership property; liability of either partner for whole tax
Oregon Revised Statutes Chapter 308 ·
Oregon Code § 308.120·Enacted ·Last updated March 01, 2026
Statute Text
Partnership property; liability of either partner for whole tax.
Partners in mercantile or other
business may be jointly taxed in their partnership name, or severally taxed for
their individual shares for all personal property employed in such business. If
they are jointly taxed, either or any of such partners shall be liable for the
whole tax.
Plain English Explanation
This Oregon statute addresses Partnership property; liability of either partner for whole tax. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 308.120
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Partnership property; liability of either partner for whole tax. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 308.120. Use this format in legal documents and court filings.
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