Oregon Code § 314.765·Enacted ·Last updated March 01, 2026
Statute Text
Employee fringe benefits; foreign income.
(1) For purposes of employee fringe benefits, and
subject to this chapter and ORS chapters 305, 316, 317 and 318 and ORS 314.712
to 314.722, 314.726 and 316.124, section 1372 of the Internal Revenue Code
shall apply to an S corporation and its shareholders.
(2) For purposes
of foreign income, and subject to this chapter and ORS chapters 305, 316, 317
and 318 and ORS 314.712 to 314.722, 314.726 and 316.124, section 1373 of the
Internal Revenue Code shall apply to an S corporation and its shareholders. [Formerly
314.738]