§ 317.322 — Addition of long term care insurance premiums if credit is claimed

Oregon § 317.322

• Jurisdiction: Oregon
• Vol.: 8
• Title 29: Revenue and Taxation
• Ch. 317: Corporation Excise Tax

Text

The amount of any long term care insurance premiums paid or incurred by a taxpayer during the tax year shall be added to taxable income if:
(1) The amount is taken into account as a deduction on the taxpayer’s federal return for the tax year; and
(2) The taxpayer claims the credit allowed under ORS 315.610 for the tax year.

Legislative History

1999 c.1005 §5