Form 20 Final - Oregon Corporation Excise Tax Return - 2001 Page 3
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4SCHEDULE AP — APPORTIONMENT OF INCOME
(See instructions, pages 18 and 19)
Describe the nature and location(s) of your Oregon business activities
(Do not enter an amount of less than zero)
SCHEDULE AP-1 — APPORTIONMENT FORMULA
1. Property Factor
(A)
(B)
(C)
Value of real and tangible personal property used
Total
Total Within
Percent Within
in the unitary business (owned, at average value;
Within
and Without
Oregon
rented, at capitalized value):
(A ÷ B) × 100
Oregon
Oregon
a. Owned property (at original cost; see instructions)
Inventories ..............................................................
Buildings and other depreciable assets ..................
Land ........................................................................
Other assets (describe) ____________________
(
)
(
)
Minus: Construction in progress .............................
Total of section a ....................................................
b. Rented property
........
(capitalize at 8 times the rental paid)
•
•
%
c. Total owned and rented property ............................
(not less than zero)
2. Payroll Factor
Wages, salaries, commissions, and other
compensation to employees:
a. Compensation of officers ........................................
b. Other wages, salaries, and commissions ...............
•
•
%
c. Total wages and salaries ........................................
(not less than zero)
3. Sales Factor
a. Sales delivered or shipped to Oregon purchasers:
(1) Shipped from outside Oregon ..........................
(2) Shipped from inside Oregon .............................
b. Sales shipped from Oregon to:
•
(1) The United States government .........................
(2) Purchasers in a state or country
•
where the corporation is not taxable
(e.g., under Public Law 86-272) .......................
c. Other business receipts ..........................................
•
•
%
d. Total sales and other business receipts .................
%
4. Sales factor (same as line 3d) ...................................
%
5. Total percent (add items 1c, 2c, 3d, and 4, within column C) ......................................................................
6. Average percent (divide line 5 by the number of factors in column B) (enter on Schedule AP-2, line 5)
•
_ _ _ . _ _ _ _
%
(compute percent to 4 decimal places [e.g., 12.34558 should be 12.3456%]) ............................................
SCHEDULE AP-2 — COMPUTATION OF TAXABLE INCOME
(See instructions, page 19)
1. Net income from business both in Oregon and other states
...... 1
(from Form 20, line 13, or Form 20-I, line 15)
•
2. Minus: Net nonbusiness income included in line 1. Attach schedule ....................................................... 2
•
3. Minus: Gains from prior year installment sales included in line 1. Attach schedule ................................. 3
4. Total net income subject to apportionment (line 1 minus line 2 and line 3) ................................................ 4
×
%
5. Oregon apportionment percentage (from Schedule AP-1, line 6) .............................................................. 5
6. Income apportioned to Oregon (line 5 times line 4) ................................................................................... 6
•
7. Add: Net nonbusiness income allocated entirely to Oregon. Attach schedule ......................................... 7
•
8. Add: Gain from prior year installment sales apportioned to Oregon. Attach schedule ............................ 8
9. Total of lines 6, 7, and 8 ............................................................................................................................. 9
•
10. Minus: (a) Oregon apportioned net loss from prior years $ ___________________, and .................... 10
(b) net capital loss from other years (see instructions for Form 20, line 14) $ ______________,
from tax year __________________.
11.
Oregon taxable income
(line 9 minus line 10) (carry to Form 20, line 15, or Form 20-I, line 16) ........... 11
150-102-020 (Rev. 9-01)
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