Clear form
SCHEDULE AP — APPORTIONMENT OF INCOME for Form 20
(see instructions)
Describe the nature and location(s) of your Oregon business activities
SCHEDULE AP-1 — APPORTIONMENT FORMULA
(Do not enter an amount of less than zero)
1. Property Factor—Value of real and tangible
personal property used in the unitary business
(A)
(B)
(C)
(owned, at average value; rented, at capitalized value):
Total Within
Total Within and
Percent Within Oregon
(A ÷ B) × 100
Oregon
Without 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) ................................. 4
%
5. Total percent (add items 1c, 2c, 3d, and 4, within column C) .................................................................... 5
6. Oregon apportionment percentage. For tax years beginning on or after 1/1/03 and before 5/1/03,
enter the amount from line 3 of the appropriate schedule on page 11. For tax years beginning
•
_ _ _ . _ _ _ _
%
on or after 5/1/03, enter the amount from line 4 of the appropriate schedule on page 11 ......................... 6
SCHEDULE AP-2 — COMPUTATION OF TAXABLE INCOME (See instructions)
1. Net income from business both in Oregon and other states (from Form 20, line 13) ................................ 1
•
2. Subtract: Net nonbusiness income included in line 1. Attach schedule ................................................... 2
•
3. Subtract: 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 $ ___________________, from tax year __________________.
11. Oregon taxable income (line 9 minus line 10) (carry to Form 20, line 15) .............................................. 11
150-102-020 (Rev. 12-03) Web