§ 314.761 C corporation and S corporation defined for this chapter and ORS chapters 316, 317 and 318
§ 314.762 Taxation of S corporation; application of Internal Revenue Code; carryforward and carryback
§ 314.763 Taxation of shareholders income; computation; character of income, gain, loss or deduction
§ 314.764 Treatment of distributions by S corporation
§ 314.765 Employee fringe benefits; foreign income
§ 314.766 Tax on built-in gain
§ 314.767 Tax on excess net passive income
§ 314.768 S corporation or shareholder elections; rules
§ 314.769 Application of sections 1377 and 1379 of Internal Revenue Code
§ 314.770 Disclosure of S corporation items to shareholder
§ 314.771 Recapture of LIFO benefits
§ 314.772 Business tax credits; allowance to shareholders

Terms Used In Oregon Statutes > Chapter 314 > Taxation of Partnerships and S Corporations > S Corporations

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Dependent: A person dependent for support upon another.
  • Forbearance: A means of handling a delinquent loan. A
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oral argument: An opportunity for lawyers to summarize their position before the court and also to answer the judges' questions.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100