OAR 150-318-0030: Relation of Act to ORS Chapter 317

If a corporation is “doing business” in Oregon and is therefore subject to ORS Chapter 317, The Corporation Excise Tax Act of 1929, the income taxed under Chapter 317 is not subject to taxation under ORS Chapter 318. A foreign or domestic corporation which is authorized to do business within this state, having qualified with the Corporation Commissioner, which is not “doing business,” but nevertheless receives income ascribable to Oregon, is subject to ORS Chapter 318. There is no provision for election as to which Act is applicable as to what income; the facts will govern in each instance.