308.807 Amount
of tax. For
payments due July 1, 1992, and each July 1 thereafter, the amount of the tax
imposed by ORS 308.805 shall be the lesser of:
(1) Four percent
of all gross revenue derived from the use or operation of transmission and
distribution lines (exclusive of revenues from the leasing of lines to
governmental agencies) minus the cost of power to the association, or;
(2) The sum of:
(a) An amount
obtained by multiplying the real market value of the transmission and
distribution lines for the current fiscal year by the maximum school tax rate
allowable under ORS 310.150, plus;
(b) An amount
obtained by multiplying the real market value of the transmission and
distribution lines for the current fiscal year by $10 per $1,000 of real market
value, plus;
(c) An amount
obtained by multiplying the real market value of the transmission and
distribution lines by the tax rate of the county for exempt bonded indebtedness
as defined in ORS 310.140. [1969 c.492 §3; 1983 c.782 §1; 1985 c.213 §1; 1991
c.459 §169]
Notes of Decisions
Lane Elec. Coop., Inc. v. Dep't of Revenue, 765 P.2d 1237 (Or. 1988).
“without intent to produce profit in money and which has no other principal business or purpose shall, in lieu of all other taxes on the transmission and distribution lines, pay a tax on all gross revenue derived from the use or operation of transmission and distribution lines…”
Cent. Elec. Coop., Inc. v. Dep't of Revenue, 12 Or. Tax 411 (Or. T.C. 1993).
· cites it 2× “ORS 308.807(3) imposes the tax on: “[A]ll gross revenue derived from the use or operation of transmission and distribution lines * * * minus the cost of power to the association, multiplied by four percent.”
— Or. Rev. Stat. § 308.807(3) — 1 case
Cent. Elec. Coop., Inc. v. Dep't of Revenue, 12 Or. Tax 411 (Or. T.C. 1993).
“ORS 308.807(3) imposes the tax on: “[A]ll gross revenue derived from the use or operation of transmission and distribution lines * * * minus the cost of power to the association, multiplied by four percent.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.