Oregon Statutes - Chapter 305 - Administration of Revenue and Tax Laws; Appeals - Section 305.805 - Repeal of intangibles income tax law not to affect accrued taxes.

The repeal of the Intangibles Income Tax Act of 1931, as amended, shall not affect the assessment and collection of any tax, penalty or interest accruing prior to January 1, 1939, under the Intangibles Income Tax Act of 1931, as amended, and such amounts shall be assessed and collected in accordance with the provisions of that Act notwithstanding its repeal. [Formerly 306.340]

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Last modified: August 7, 2008