Oregon Statutes 116.353 – Income interests; life or temporary interests; charging corpus
Current as of: 2023 | Check for updates
|
Other versions
No interest in income and no estate for years or for life or other temporary interest in any property or fund is subject to apportionment as between the temporary interest and the remainder. The tax on the temporary interest and the tax, if any, on the remainder is chargeable against the corpus of the property or funds subject to the temporary interest and remainder. [1969 c.591 § 199]
Terms Used In Oregon Statutes 116.353
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.