Oregon Revised Statutes Chapter 317 § 317.303 — Deduction or adjustment for certain federal credits
Oregon Revised Statutes Chapter 317 ·
Oregon Code § 317.303·Enacted ·Last updated March 01, 2026
Statute Text
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. [1983 c.162 §17]
Plain English Explanation
This Oregon statute addresses Deduction or adjustment for certain federal credits. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 317.303
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Deduction or adjustment for certain federal credits. 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 § 317.303. Use this format in legal documents and court filings.
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