[Revenews] Oregon excise tax addition on Forms 20, 20-S and 20-INS

[HENDERSON Jeffrey S]

Hello Tax Professionals,

Oregon law (ORS 317.314) doesn't allow a deduction for any state taxes upon or measured by net income or profits. Any amount subtracted for these taxes on your federal return must be added back on the Oregon return. Based on a recent Oregon Tax Court Order (Con-Way, Inc. & Affiliates v. Department of Revenue TC5003, 12/27/2011) the Oregon corporation minimum tax is not subject to the state tax add back provision.



________________________________________________________________________________________________________________

Please don't reply to this message. Send questions to mailto:minimumtax.help at state.or.us
To see previous Revenews  http://listsmart.osl.state.or.us/pipermail/revenews/
Tax Professionals may subscribe/unsubscribe/or change options to Revenews. http://listsmart.osl.state.or.us/mailman/listinfo/revenews.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listsmart.osl.state.or.us/pipermail/revenews/attachments/20120413/d1fab650/attachment.html>