(1) ORS 317.356, relating to depreciation and basis, shall be applicable to every insurer.
(2) Notwithstanding ORS 314.835 or 314.840 or any other law concerning confidentiality of tax returns, the Department of Consumer and Business Services and the Department of Revenue may disclose to each other returns and all other information necessary to carry out ORS 731.854 and 731.859 and otherwise to administer the corporate excise tax imposed by this chapter on insurers.
(3) Notwithstanding ORS 314.085 or other law, for purposes of this chapter, each of the following insurers shall file a return on a calendar year basis:
(a) A foreign or alien insurer; or
(b) A domestic insurer organized after January 1, 1971, the ownership or control of which is exercised, directly or indirectly, by a foreign insurer or other foreign corporation owning or controlling directly or indirectly, a foreign insurer. [Formerly 317.078; 1995 c.556 §52; 1995 c.786 §15; 2005 c.185 §7]
Section: Previous 317.550 317.590 317.605 317.610 317.615 317.625 317.635 317.650 317.655 317.660 317.665 317.705 317.710 317.713 317.715 NextLast modified: August 7, 2008