Oregon Tax Court includes stock sale gains constituting business income in sales factor denominator

myStateTaxOffice

The Oregon Tax Court recently held that gains from the sale of the stock of a subsidiary constituting business income subject to apportionment must be included in the Oregon sales factor denominator. [Oracle Corporation v. Dept. of Revenue, Oregon Tax Court, No. TC-MD 070762C, 1/19/12]



Return to Tax research and insights
State and Local Tax