Oregon Income tax / Franchise Tax: Amended rules address intercompany expense 'addback' requirement & unitary businesses

Amended OAR 150-314.295; OAR 150-317.705(3)(a), Or. Dept. of Rev. (eff. 7/31/09). An amended rule clarifies the circumstances in which a deduction for intercompany expense transactions (such as royalty fees paid for using an intangible asset) will be disallowed under statute. Another amended rule adopts provisions contained within a Multistate Tax Commission model uniform regulation, defining the criteria for determining whether corporations constitute a "unitary business" for Oregon tax purposes.