{"data":{"id":"us-or/ors-314.722","jurisdiction":"us-or","citation":"ORS 314.722","heading":"Publicly traded partnerships taxed as corporations.","body":"(1) As used in this section, “publicly traded partnership” means a partnership treated as a corporation for federal income tax purposes under section 7704 of the Internal Revenue Code for the tax year.\n      (2) Persons carrying on business as partners in a publicly traded partnership are not subject to tax under ORS chapter 316, 317 or 318 on their distributive shares of partnership income, but the publicly traded partnership is taxable as a corporation under ORS chapter 317 or 318 as provided under ORS chapter 317 or 318.","path":["08 - Revenue and Taxation","29. Revenue and Taxation","Chapter 314 — Taxes Imposed Upon or Measured by Net Income"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors314.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:13Z","sha256":"48d1f9cdb0d8c71010f2a2df4d7816ea46892d9f6104a0d3390caba0bc3ce592","source_id":"us-or","stale":false,"prev":"us-or/ors-314.720","next":"us-or/ors-314.723"},"notice":"GroundRules: Original legal text. Not legal advice."}