Oregon Revised Statutes Chapter 317 § 317.038 — Computation of Oregon taxable history
Oregon Revised Statutes Chapter 317 ·
Oregon Code § 317.038·Enacted ·Last updated March 01, 2026
Statute Text
Computation of Oregon taxable history.
(1) Nothing contained in this chapter shall be construed to require a
corporation to include an item of income, or to permit a corporation to deduct
an expense item, more than once in computing Oregon taxable income.
(2) The changes
to the corporate excise and income tax laws by chapter 162, Oregon Laws 1983,
shall not be applied to preclude a corporation from taking into account a
deduction or a loss to which it otherwise would be entitled.
(3) The changes
to the corporate excise and income tax laws by chapter 162, Oregon Laws 1983,
shall not be applied to preclude a corporation from including income which it
otherwise would be required to include. [1983 c.162 §40; 1985 c.802 §21e]
Plain English Explanation
This Oregon statute addresses Computation of Oregon taxable history. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 317.038
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Computation of Oregon taxable history. Read the full statute text above for details.
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