Oregon Revised Statutes

Or. Rev. Stat. § 317.314 (2026)

Taxes on net income or profits imposed by any state or foreign country; nondeductible taxes and license fees; taxes paid to foreign country for certain income

✓ current as of May 2026

Find cases: SyfertCases citing this section ORSoregonlegislature.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

317.314 Taxes on net income or profits imposed by any state or foreign country; nondeductible taxes and license fees; taxes paid to foreign country for certain income. (1) To derive Oregon taxable income, there shall be added to federal taxable income taxes upon or measured by net income or profits imposed by any foreign country (including withholding taxes upon the payment of dividends arising from sources within such foreign country), this state or any state or territory deducted in computing federal taxable income.

(2) There shall be subtracted from federal taxable income the taxes and license fees imposed by counties, cities and other political subdivisions of this state and other states, if such taxes and fees are not deductible in arriving at federal taxable income.

(3) There shall be subtracted from federal taxable income the taxes paid to a foreign country upon the payment of interest or royalties arising from sources within such foreign country, if such taxes are not deductible in arriving at federal taxable income and if the interest or royalties are included in arriving at Oregon taxable income. [1983 c.162 §19; 1984 c.1 §10]

Notes of Decisions

Cited in 2 cases, 1987–2020 · leading case: Comcast Corp. II v. Dept. of Rev. (TC 5265), 24 Or. Tax 250 (Or. T.C. 2020).

Sort: Relevance Newest Treatment

Comcast Corp. II v. Dept. of Rev. (TC 5265), 24 Or. Tax 250 (Or. T.C. 2020). · cites it 5× “In agreeing with the taxpayer that the Michigan tax at that time was not measured by or upon “net income or profits” under ORS 317.314, the court relied on the “common meaning of the words” and the “notion of a gain realized after payment of expenses necessary to earn income.”

Kellogg Sales Co. v. Dep't of Revenue, 10 Or. Tax 480 (Or. T.C. 1987). “That provision and its successor ORS 317.314 do not allow as a deduction in arriving at net income any “taxes upon or measured by net income or profits.”

— Or. Rev. Stat. § 317.314(1) — 1 case

Comcast Corp. II v. Dept. of Rev. (TC 5265), 24 Or. Tax 250 (Or. T.C. 2020). “In agreeing with the taxpayer that the Michigan tax at that time was not measured by or upon “net income or profits” under ORS 317.314, the court relied on the “common meaning of the words” and the “notion of a gain realized after payment of expenses necessary to earn income.”

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.