Oregon § 731.381 Exemption from taxes for foreign and alien insurers engaging in activities authorized by ORS 731.380

Oregon Statutes

§ 731.381 — Exemption from taxes for foreign and alien insurers engaging in activities authorized by ORS 731.380

Oregon § 731.381

Vol.18

Title 56Insurance

Ch. 731Administration and General Provisions

This text of Oregon § 731.381 (Exemption from taxes for foreign and alien insurers engaging in activities authorized by ORS 731.380) 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. § 731.381 (2026).

Text

Engaging in the activities authorized by ORS 731.380 by a foreign or alien insurer shall not subject the foreign or alien insurer to any tax, license fee or charge, except as provided in ORS 731.380, for the privilege of doing business within the State of Oregon or to any tax measured by net or gross income. However, if the foreign or alien insurer acquires any property given as security for such a mortgage or trust deed, all income accruing to the foreign or alien insurer solely from the ownership, sale or other disposal of such property is subject to taxation in the same manner and on the same basis as income of corporations doing business in this state.

Free access — add to your briefcase to read the full text and ask questions with AI

Engaging in the activities authorized by ORS 731.380 by a foreign or alien insurer shall not subject the foreign or alien insurer to any tax, license fee or charge, except as provided in ORS 731.380, for the privilege of doing business within the State of Oregon or to any tax measured by net or gross income. However, if the foreign or alien insurer acquires any property given as security for such a mortgage or trust deed, all income accruing to the foreign or alien insurer solely from the ownership, sale or other disposal of such property is subject to taxation in the same manner and on the same basis as income of corporations doing business in this state.