APPORTIOMENT FOR FINANCIAL INSTITUTIONS
Administrative Rule Adopted by Revenue Division Pursuant to Rule-Making Authority
“Financial institution” has the same meaning as defined in ORS 314.610(4). Financial institutions having income that is taxable both within and without the City of Portland or Multnomah County will apportion income according to the provisions of OAR 150-314-0088. Where OAR 150-314-0088 refers to state, a taxpayer should interpret that as the City or County unless context requires otherwise.
Adopted on March 2, 2022 by Director of Revenue Division