Oregon Revised Statutes

Or. Rev. Stat. § 317.725 (2026)

Adjustments to prevent double taxation or deduction; rules

✓ current as of May 2026

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

317.725 Adjustments to prevent double taxation or deduction; rules. (1)(a) If any provision of the Internal Revenue Code or of ORS 317.705 to 317.715, relating to the use of consolidated federal returns, requires that any amount be added to or deducted from federal consolidated taxable income or the Oregon taxable income subject to taxation under this chapter or ORS chapter 318 that previously had been added to or deducted from income upon or with respect to which tax liability was measured under the Oregon law in effect prior to the taxpayer’s taxable year as to which ORS 317.705 to 317.715, are first effective, an appropriate adjustment shall be made to the income for the year or years subject to ORS 317.705 to 317.715, so as to prevent the double taxation or double deduction of any such amount that previously had entered into the computation of income upon or with respect to which tax liability was measured.

(b) If it appears to the Department of Revenue that a corporation making a return under this chapter or ORS chapter 318 is required to make any adjustment to federal consolidated taxable income pursuant to ORS 317.715, that is unduly burdensome or that produces an inequitable or unreasonable result, the department, upon application by the corporation, may relieve the corporation of the requirement and may permit or require any other adjustment to be made to fairly reflect income and produce an equitable result. The department shall adopt rules prescribing the method by which a corporation may apply for relief under this paragraph.

(2) Notwithstanding the provisions of ORS 317.013, any regulation promulgated pursuant to sections 1501 to 1505 of the Internal Revenue Code which makes reference to provisions of the Internal Revenue Code with respect to which modifications to federal taxable income are prescribed under this chapter shall not be applied to the extent the regulation conflicts with the provisions of this chapter.

(3) The Department of Revenue shall not make any adjustment under this section if the resulting increase or decrease in tax liability would be less than $250. [1984 c.1 §19; 1985 c.802 §31]

317.845 [Formerly 317.515; repealed by 1985 c.761 §27]

DISPOSITION OF REVENUE

Notes of Decisions

Cited in 2 cases, 1997–2012 · leading case: Atl. Richfield Co. v. Dep't of Revenue, 14 Or. Tax 212 (Or. T.C. 1997).

Sort: Relevance Newest Treatment

Atl. Richfield Co. v. Dep't of Revenue, 14 Or. Tax 212 (Or. T.C. 1997). “*219 However, because of the extreme complexity of consolidated reporting for multi-layered corporations, the most expert and knowledgeable advisors were uncertain as to how some changes would play out. The scope and complexity of national and multi-national or international…”

Stancorp Fin. Grp. & Subsidiaries v. Dep't of Revenue (Or. T.C. 2012). · cites it 2× “705 to ORS 317.725. Also in common, both involve families of corporations that are, or have been stipulated for decision to be, unitary in nature.”

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.