Every centrally assessed corporation, the property of which is assessed by the Department of Revenue under ORS 308.505 to 308.674, and every mercantile, manufacturing and business corporation and every financial institution doing business within this state, except as provided in ORS 317.080 and 317.090, shall annually pay to this state, for the privilege of carrying on or doing business by it within this state, an excise tax according to or measured by its Oregon taxable income, to be computed in the manner provided by this chapter, at the rate provided in ORS 317.061. [Amended by 1957 c.607 3; 1957 c.709 1; subsection (3) of 1963 Replacement Part derived from 1957 c.607 11; 1957 c.709 2 and 1957 s.s. c.5 1; 1959 c.631 2; 1963 c.627 22 (referred and rejected); 1965 c.322 1; 1965 c.544 1; 1971 c.247 1; 1975 c.368 5; 1977 c.866 3; 1982 1 c.16 11; 1983 c.162 7; 1985 c.565 55; 1997 c.154 50; 1999 c.21 45; 1999 c.60 1; 2009 c.403 3]
‹ Prev All Oregon sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.