Oregon Statutes
§ 314.712 — Partnerships not subject to income tax; exceptions
Oregon § 314.712
JurisdictionOregon
Vol.8
Title 29Revenue and Taxation
Ch. 314Taxes Imposed Upon or Measured by Net Income
This text of Oregon § 314.712 (Partnerships not subject to income tax; exceptions) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Or. Rev. Stat. § 314.712 (2026).
Text
(1)Except as provided in ORS 314.722 or 314.731 to 314.737, a partnership as such is not subject to the tax imposed by ORS chapter 316, 317 or 318. Partnership income shall be computed pursuant to section 703 of the Internal Revenue Code, with the modifications, additions and subtractions provided in this chapter and ORS chapter 316. Persons carrying on business as partners are liable for the tax imposed by ORS chapter 316, 317 or 318 on their distributive shares of partnership income only in their separate or individual capacities.
(2)If a partner engages in a transaction with a partnership other than in the partner’s capacity as a member of the partnership, the transaction shall be treated in the manner described in section 707 of the Internal Revenue Code.
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Related
Pratt & Larsen Tile v. Department of Revenue
13 Or. Tax 270 (Oregon Tax Court, 1995)
Criv Investments, Inc. v. Department of Revenue
14 Or. Tax 181 (Oregon Tax Court, 1997)
Cook v. Dept. of Rev.
23 Or. Tax 107 (Oregon Tax Court, 2018)
Reeve v. Department of Revenue
15 Or. Tax 148 (Oregon Tax Court, 2000)
MRI Diagnostic Services Co. v. Department of Revenue
13 Or. Tax 80 (Oregon Tax Court, 1994)
Reeve v. Department of Revenue
37 P.3d 981 (Oregon Supreme Court, 2001)
Legislative History
1989 c.625 §28 (enacted in lieu of 316.342); 1999 c.90 §5; 2019 c.132 §7
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 314.712, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/314.712.