OAR 150-315-0154: Pollution Control Facilities: Adjustment of Basis

Edition: Current OARD snapshotEffective: 2016-09-01Last verified: 2026-09-07

When computing adjusted basis for a facility certified in a tax year beginning before January 1, 1977, original basis is reduced by the amount of depreciation that was not deducted due to claiming the credit and by the amount of credit claimed in tax years beginning before January 1, 1977.

Official history and status

Statutory/Other Authority: ORS 305.100

Statutes/Other Implemented: ORS 315.304

History: Renumbered from 150-315.304(10), REV 44-2016, f. 8-12-16, cert. ef. 9-1-16 RD 3-1995, f. 12-29-95, cert. ef. 12-31-95 12-31-93 12-31-85, Renumbered from 150-316.097(10) 12-31-81, Renumbered from 150-316.097(12) to 150-316.097(10) 12-31-77 1-69

This rule cites

No citations extracted.

Cited by

No inbound citations found.

Official source: https://secure.sos.state.or.us/oard/