Schedule Ap - Apportionment Of Income For Corporations And Partnerships - 2013

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Schedule AP, Apportionment of Income for
Corporations and Partnerships—2013 Form and Instructions
General information
federal return and are part of the unitary group. The
numerators of the factors must include the Oregon
Schedule AP is used for all corporations and partner-
property, payroll, and sales from each of the corpora-
ships that are doing business in more than one state and
tions taxable by Oregon. Attach a schedule showing the
may be used with Forms 20, 20-I, 20-S, 20-INS, and 65.
denominators and numerators of the property, payroll,
and sales factors by each entity included in the Oregon
Oregon income is the total of the business entity’s appor-
consolidated return.
tioned and allocated income assigned to Oregon.
Rounding. When computing the property, payroll, and
Each business carrying on a unitary business both inside
sales factor percentages, as well as the Oregon appor-
and outside Oregon must complete Schedule AP.
tionment or alternative apportionment, round the per-
If another method of assigning income is proposed, the
centage to four decimal places. For example, 12.34558
business must still complete Schedule AP. A full expla-
percent should be 12.3456 percent.
nation of the other method must be made.
Line instructions
Apportionment and allocation. Apportionment is
Property factor (all companies except insurance com-
dividing business income among the states by use of a
panies). Enter all owned or rented business property
formula. Allocation is the assignment of specific non-
in column B of Schedule AP-1. Enter business property
business income to a state. Most business entities having
owned or rented within Oregon in column A. See ORS
unitary business activities, as defined in Oregon Revised
314.655 and administrative rules.
Statute (ORS) 317.705, both inside and outside Oregon
must use the apportionment and allocation methods
Lines 1 through 5. Value owned property at original
provided in the Uniform Division of Income for Tax Pur-
cost. Show the average value during the taxable year of
poses Act (ORS 314.605 through 314.690). Certain types
real and tangible personal property used in the business.
of business entities are required to use modified appor-
This is the average of property values at the beginning
tionment factors or sourcing rules as specified below.
and end of the tax period. An average of the monthly val-
ues may be required if a more reasonable value results.
Airlines ............................................ OAR 150-314.280-(I)
Electricity and natural gas ............ OAR 150-314.665(2)-(C)
Line 6. Value rented property at eight times the annual
Financial corporations ................... OAR 150-314.280-(N)
rental value. Reduce the annual rental value by nonbusi-
Health care service contractors .... OAR 150-314.280-(E)
ness sub rentals.
Insurance companies ..................... ORS 317.660
Real estate income (insurance companies only)
Interstate broadcasters ................... ORS 314.682–314.686
OAR 150-314.684(4)
Line 7.
OAR 150-314.686
• Life companies—Annual statement, page E-01, Sched-
Interstate river transportation
ule A, part 1, column 16 minus column 17, and page
companies ..................................... OAR 150-314.280-(L)
E-03, Schedule A, part 3, column 19 minus column 20.
Long-term construction
• P&C companies—Annual statement, Schedule A, part
contractors .................................... OAR 150-314.615-(F)
1, pages E-01 and E-03, column 16 minus column 17,
Movie and television production
and Schedule A, part 3, column 19 minus column 20.
companies ..................................... OAR 150-314.615-(H)
Publishing companies ................... OAR 150-314.670-(A)
If you have income from a joint venture, partnership, or
Railroads ......................................... OAR 150-314.280-(H)
LLC, include real estate income and interest included on:
Sea transportation companies ...... OAR 150-314.280-(K)
• Life companies—Annual statement, page 8, exhibit of
Title insurance companies
net investment income, line 8, column 1.
incorporated in Oregon .............. OAR 150-314.280-(E)
• P&C companies—Annual statement, page 12, exhibit
Trucking companies ...................... OAR 150-314.280-(J)
of net investment income, line 8, column 1.
Utility and telecommunications
Real estate interest (insurance companies only)
companies ..................................... ORS 314.280(3)(e)
Line 8.
Schedule AP-1 line instructions
• Life companies—Annual statement, page 8, exhibit of
Consolidated returns. The denominators of the prop-
net investment income, line 3, column 1.
erty, payroll, and sales factors include only amounts
• P&C companies—Annual statement, page 12, exhibit
from corporations that are included in the consolidated
of net investment income, line 3, column 1.
1
150-102-171 (Rev. 10-13)
Schedule AP instructions

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