Oregon taxable income definition

Oregon taxable income means taxable income, less the deduction allowed under ORS
Oregon taxable income means taxable income, less the deduction allowed under ORS 317.476, except as otherwise provided with respect to insurers in subsection (11) of this section and ORS 317.650 to 317.665.
Oregon taxable income means taxable in- come, less the deduction allowed under ORS 317.476, except as otherwise provided with respect to insur- ers in subsection (11) of this section and ORS 317.650 to 317.665.

Examples of Oregon taxable income in a sentence

  • Should such a decision be made, reasons for non- renewal will be provided to the Insured and the Company will serve notice of not less than thirty (30)days before the Policy anniversary date.

  • After those modifications are made, Oregon taxable income or loss shall be determined as provided in ORS 317.010 (10)(a) to (c), if necessary.

  • To determine your total Oregon taxable income for the year, you may choose to complete a second “pro forma, mock” federal Form 1041, using only Oregon source income and deductions, or you may develop a schedule of the amounts of income, gain, loss, and deductions for Oregon.

  • The tax was a 1.25% levy on the Oregon taxable income of Multnomah County residents reduced by an exemption amount.

  • The subtraction is limited to 50 percent of Oregon taxable income.

  • Due to the carry over provision, business losses reported to owners or partners on a Schedule K‐1 must be added back to the owners’ or partners’ Oregon taxable income or Metro taxable income.

  • For purposes of this computation, the percentage of Oregon taxable income representing capital gains not included in DNI must be determined.Example 1: This example is a continuation of the first example in OAR 150-316.737.

  • At play’s end, the Umpire will move to the dead ball spot, if it is inside the hash marks, and will set the ball upon the mark of the covering official; very rarely will the Umpire be the covering official, himself.

  • The gain or loss from the S corporation stock may not be used in the determination of Oregon taxable income unless the stock has acquired a business situs in this state.

  • Subtract the amount received as a labor rebate and included in federal taxable income in determining your Oregon taxable income.


More Definitions of Oregon taxable income

Oregon taxable income means taxable income, less the deduction

Related to Oregon taxable income

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Taxable value shall have the meaning assigned to such term in Section 1.04(10) of the TEXAS TAX CODE.

  • Consolidated Income Taxes means, with respect to any Person for any period, taxes imposed upon such Person or other payments required to be made by such Person by any governmental authority which taxes or other payments are calculated by reference to the income or profits of such Person or such Person and its Restricted Subsidiaries (to the extent such income or profits were included in computing Consolidated Net Income for such period), regardless of whether such taxes or payments are required to be remitted to any governmental authority.

  • Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.