Federal taxable income, adopted under ORS § 317.013 and 317.018, shall be modified as provided by law. Each modification authorized under law shall be allowed only to the extent that the modification is allocated and apportioned to Oregon income, except as otherwise specifically provided by law. [1983 c.162 § 12; 1987 c.293 § 37; 1995 c.79 § 168; 2005 c.94 § 87]

[Repealed by 1983 c.162 § 57]

[1953 c.385 § 9; repealed by 1983 c.162 § 57]

[Amended by 1955 c.422 § 1; subsection (4) derived from 1955 c.422 § 2; 1957 c.607 § 5; subsection (5) derived from 1957 c.607 § 11 and 1957 s.s. c.5 § 1; repealed by 1983 c.162 § 57]