Oregon Statutes
§ 314.768 — S corporation or shareholder elections; rules
Oregon § 314.768
JurisdictionOregon
Vol.8
Title 29Revenue and Taxation
Ch. 314Taxes Imposed Upon or Measured by Net Income
This text of Oregon § 314.768 (S corporation or shareholder elections; rules) 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. § 314.768 (2026).
Text
(1)Subject to subsection (2) of this section, if the Internal Revenue Code requires or permits an election or revocation to be made by an S corporation, then that election or revocation shall apply for Oregon tax purposes. If the Internal Revenue Code requires or permits an election or revocation to be made by a shareholder or shareholders of an S corporation, then that election or revocation shall apply for Oregon tax purposes.
(2)The Department of Revenue may adopt rules that contravene subsection (1) of this section if the election or revocation does not carry out the purposes of this chapter and ORS chapter 305, 316, 317 or 318.
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Legislative History
Formerly 314.744
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
Oregon § 314.768, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/314.768.